The deal makes sense for my COC and $/door minimum criteria, but as i've listened to more experienced people on the podcast, i'm wondering if i need to add a criteria for annual profit to be >$5000 per property because it seems like that may cover potential disasters/capex problems that occur without wiping out property profits for multiple years.

Or a bank that portfolios their own loans (not sure about the details on those two), but if you do a normal loan covered by Freddie and Fannie guidelines its 6 months.

. - unless you have a copy of the lease and know it’s real and covers any potential pitfalls.

I am located in Minneapolis and I want them to look over lease documents for NNN property to make sure all my bases are covered before proceeding forward.

In this case, the tenant thought paying "a little extra rent" would cover the costs.

Like "switch plate cover in bathroom is cracked"  or "sidewalk should slope at 12 degrees and it only slopes 9 degrees".   

I have that I cover pest control for the first 10 days, but obviously they can bring the bed bugs with them.

2) What methods do you use to determine a comfortable number pay the lessor per month while leaving enough  wiggle room to pay mortgage, cover for vacancies, repairs, taxes while having a good cash flow left over with the intent of saving this to use for the 20% down payment when the option is exercised.3) Would you pay for an inspection up front before the contract is signed, or wait until it's time to exercise the option?

That is in Ohio and covers my local, state, and national realtors associations dues, KW fees, MLS fees, etc.

Im currently looking for investors who will loan 10% for 4 or 5 years to cover 10% of the down payments but have yet to find anyone interested.