You just move on to the next one and keep making offers that fit your preferred ROI.

@Alex BalanLook for rentals listed in the area you're considering, then find comparable rentals in comparable quality neighborhoods of other locations, preferably locations you're familiar with.  

Therefore- you need two different entities, two different bank accounts (preferably two different banks altogether).

I'm going to assume it's all personal preference but I'd like to hear people's reasons for one path or the other.

My budget is preferably less than 140k.

All things being close to equal I prefer a place closer to me in the western burbs (I live in La Grange).Thanks

I prefer a single page document that will be easy for the seller to understand.

Are you saying that businesses would prefer their rent to stay a flat rate for 3 (+/-) years and then have it increase x% as opposed to an annual increase?

(Preferably New York/New Jersey on down to Florida...)

When tenants do disconnect them it is surprisingly easy to catch them as many take the entire detector down and never put it back while others remove the battery and unplug the detector.Our insurance company frowns on disabled smoke detectors  - not sure if they would use a disconnected detector to deny/reduce a claim, but I prefer not to test them.We are experimenting with a new detector which we can "see" with our building monitoring system.