The mere fact he is involving his Ira and has post closing plans suggests he is getting some benefit already. 

@George BrutonThink this situation is a bit tricky and off the books since he's a friend of a friend who wants to build trust and get me involved in the business. 

I'm looking forward to getting involved and plan on attending BP meet ups in our area and possibly our local REIA meetings as well.  

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

I just don't want to get involved in the game of supplicating to the tenant by offering to excuse the rent for the key.

There used to be a President there, and he was signing on clients with the promise of being "personally involved in the complete transition".

Please correct me if I’m wrong, so the idea is to gain experience and knowledge from this paid walk with GC so we get the ballpark numbers and make offers in future without having to involve a GC anymore in the analysis.At what point in the process do you officially have your GC involved?

NNN typically offer the least amount of involvement to manage on a day to day basis. 

Appreciation exceeding rent growth as you mentioned.7% ROE is my bar for the risk and effort involved is all. 

I only recently began to educate myself on real estate investing and am looking for how to get involved in the industry in Durham.