That being said, you will need to find a PM that has experience with NNN deals because you will still be responsible for coordinating all maintenance, lawn, snow, etc..then bill back to the tenant through CAM.

I've seen two variants myself:1. all bills go directly to the tenant - this does require a lot of trust but has worked out for us as long as we have someone check the tax sites and ask for insurance certificates at the deadline/renewal times2. all bills go to the landlord - the landlord in return charges base rent + common area maintenance prepayment (CAM) which can break down coverage of the NNN components. 

Lets say you have 2 houses. 1 house has 8k in back payments. The other isnt behind on payments and it has 50k in equity. So my question is.. Can you do a home equity line of credit on the property with 50k equity to...

Cam

Cam

Originally posted by @Cam Morton:Hey my name is cam , I’m looking to connect with anyone who has some experience in the house flipping/rehabbing strategy!

@Cameron Cole Vance  Hi, Cam. 

There’s a lot of considerations in a commercial lease like pass through expenses, CAM, system maintenance etc. 

Other benefits are its easy to raise capital for deals, income goes up and so do values over time, ability to pass on operating costs through CAM, tenants can be longer term that more residential deals, in financing there is the ability to get non recourse financing just to name a few

@Cam Jimmy PM'ed you his contact information.