We found these types of properties and clientele over the course of a year actually take double staff time with tenant lease enforcements and maintenance issues and a whole list of reasonsI may be a little jaded I owned many like these in the past and the managed them so I took my licks pretty bad so I don't advise anyone to take these types on unless they know what they are getting into 

Congrats on your first post and stepping into the investment game. 

A baseball, basketball, hockey, or soccer stadium could be different though as there is a steadier level of activity associated with 40-80 games per year than just 8.

She needs to be a grown up and accept that she has skin in this game. 

Have you gone to many Rascals games?

Enforcing a guarantee is not that easy if you are not a bank.

It's never a good idea to just pick one and trust they'll be a good fit without a good interview.Since you're new to the game make sure to go with someone who will help you plan on top of helping you purchase.

There are code enforcers that drive around cities and towns and all they're looking for is permits in the windows.

Time is your greatest ally in the buy and hold real estate game.  

My usual game plan is to offer 5% below the low market comparable.