I have a family of five and we are a single-income family.

We are actively buying and interested all over the mid-west.

We are long term rental investors. 

We are probably a minute walk to the park .So I’m not 100% sure about my pricing.

We are stuck at $100k loan amount minimum with some exceptions down to $75k loan amount.

I would like a discussion and review of the lease to recommend a path forward with this landlord, We are new to Triple Net and not sure what is customary. 

You never know what the future might hold, and you need to be ready to pivot in the event that an uncontrollable outside force like regulations change or you need to sell the property due to some unforeseen circumstance.

See disclaimer about various headaches above.4) One day in the future, do the reverse to put them back together.The above structure would generally be income tax free given the distribution or contribution of property from a partnership is typically not a taxable event. 

Our lease mandates tenant insurance and clearly states it is the tenant’s responsibility to maintain their tenant insurance and that we are not responsible for external housing expenses.Virtually none of the LL have insurance to cover these repairs (only one of my units has insurance that would cover this type of flooding and this insurance is not cheap).  

The friend that has a spot now runs a coffee shop out of a trailer and will occasionally go to events and such on weekends.As far as permitting...where the property is located, we are out of city limits.