@Brian Burke  If you're getting a quote that high, you are well within a flood plain 100yr flood plain, or worse.  

Stocks are shaky and I'm sick of Trump manipulating the market (intentionally or not, probably unintentionally) and the general flip-flopping of politics right now with China/NK, not to mention the other markets (Italy) that are having some troubling signs.

I would also have an agreement among the “tenants in common” or as an LLC  so when the circumstances change, someone dies, or gets sick and wants to sell, divorce, etc you agree on how to handle the break up.- basically a prenuptial. 

Places like Arlington Heights, Mount Prospect, Des Plaines, Palatine, Prospect Heights.

Because now you feel like a total jerk when they tell you that they lost their job, or their baby is sick and the hospital bills were a higher priority than rent. 

If you get sick of the drive you can always sell it in a year or two and have more money to buy a place in Newberg (plus maybe a rental there too) 

Some investors are idiots plain and simple.

At this point I step in to talk with the father who informs me his kids are only sick at the house, but not when visiting home.

They, like most cities, are sick of these abandoned properties and want them in the hands of owner occupants, investors, or torn down!

The tenant attorney and tenant rep broker of course will try to do the opposite of what the landlord wants in ultimate guaranty security of lease, annual rental increases, and long term primary lease term.If you left it up to a tenant they would try 3 year primary lease, blocked rent increases so not annual, sales clause if not at certain level they can terminate or reduce rent, co-tenant anchor clauses, crazy broad restrictive uses for other units in the center, no personal guarantee, no disclosure of personal or business financials per the lease, set up a single entity remote LLC so they can bankrupt it for one location if things go bad, put a ROFR clause in the lease, incapacity clause where if tenant gets sick or hurt they can cancel lease, construction road widening clause where tenant can pay reduced rent while access is reduced to the center, unreasonable CAM cap clauses, etc.I can go on and on with the crap I have seen in leases for my clients buying retail centers where I am the broker.