The first is the term which tend to be multi-year and up to ten or twenty years with tenants having the option for one or more renewals at set rates and terms.Because of their long term nature many commercial leases also have built in increases in the rent which may be either a fixed amount, a certain percent or based on some sort of inflation index.The next piece is the structure of the lease which can range from Gross (tenants pay rent and utilities, similar to an apartment lease) to true Triple Net (or NNN where the owner pays the debt service and maybe the property tax but the tenant pays for everything else)... and everything in between.Another component is Tenant Improvements or TI and who pays how much for it and who performs the work.

Let me ponder this a bit.With regard to flips in the Oakland area, sure will keep you in mind, but frankly I have about 3x the number of interested investors as properties & I give first priority to my best clients, naturally--the ones with whom I have a strong, longstanding relationship & who've demonstrated responsiveness, aggressiveness in offer pricing, ability to close, & high quality rehabs so my work on listing the flip is gratifying and successful for us both.Perhaps you could give me a few details on the type of fixer deal you look for, price range, condition limitations, etc.

Naturally, my family has encouraged me to put it away in the market and let it grow the conventional way.

I'm trying to get into bidding on public trustee sale auctions / auctions on the courthouse steps, after some success with properties on auction.com homepath homesteps hubzu and related it seems like a natural next step to explore.I've read dozens and dozens of posts here regarding checking title, loan and lein information but I am not sure exactly what I am looking for.

If they loose their job, or a natural disaster occurs they feel like they are prepared.

The fragile nature of some condoassociations command a good looking over of the recent issues and near term projections on what is likely for the Condo Community you are looking at ,and attention tothe impact these will have on your costs.

I just sent out my first mailing of that nature and got a few responses.

I'm not much of a checklist person by nature, but I'm learning!

Hey @Aleksey Vinogradov , both myself and @Ankit Duggal let you know that in NJ if you try to raise the rent to market value, and that raise is 10% or greater than the current rent, the tenants can easily take you to court and the chances are greater than not the judge will rule against you because the raise will be considered unconscionable in nature.

My focus with regard to environmental issues was naturally the closed gas station even though I had a clean tank letter from DEP dating back to when the tanks were removed...mistake!