On the side though I'd like to venture into small/medium size business.

Given this info, I would venture to say that the ARV would be at least $300k.

So if the budgeted or actual expenses for the year were at $4.95 per sf, the tenant would be responsible for $1.20 per sf or $0.10 per sf per month.If you are an out-of-area investor and do not invest the time to monitor your investment property, you are going to lose in the long run and may lose in the short term.Reason being, even if the property is a Net lease, whether it is single, double or triple net, who is to say that tenant will actualy maintain the property to the same standard that you desire.Secondly, most tenants are not in the real estate business and as such, depend on either the owner personally or his property manager to take care of the issues relating to the ongoing maintenance of the property.Who are you going to call at 2 am in the morning when someone finds water all over the floors and flowing into the streets?

I wish you great success on you real estate venture.

And good luck with your new venture.

My name is Zach, and my wife and I have decided to venture out with something new, hopefully so that we could spend more time with our daughter as a family.

A long term rent to own term might look favorable to them if they are comparing that to continuing as a landlord, or losing the property to foreclosure if they are behind in payments.

I have worked with my family on many ventures.

Best of luck with your new venture.

He has a partner in this venture ( not myself.)He seems to enjoy it, but has had is easy so far, because his rent is payed buy our government.