This can provide stability and reduce the frequency of tenant turnover, offering a steady income stream over an extended period.Challenges:Tenant Dependency: The success of a NNN lease heavily relies on the financial stability of the tenant.

However, If you are inclined to purchase the condo I would consider more creative revenue streams like short/medium term rental (possibly higher rents), or curating the space for photography, podcasting, etc.

Everyday I post content of the work I do at my properties or content on how I am building my individual real estate streams (Construction, Property Management, & Wholesaling) Connect with me!

I suggest focusing your energy on converting the income, while you have it, into tax-advantaged income streams rather than try to contort yourself into a situation (often by taking large, actual cash losses) where you can offset some of your W-2 income to avoid taxes.  

The next time you go into a rehab (and there will be a next time, you've got to get your blood back!)

Red raises blood pressure & is identified with danger.

For us it was perfect as it fits in like a glove with our other up & down stream businesses.

Will send out day 3 pictures tomorrow and go over some discussion points, issues, and mid stream choices we need to decide upon.One dirt prep point to note at this stage.

Right now our focus has been primarily on flipping to generate revenue until we can access other funding streams. 

The street has been shut down before too, and we've also had a lot of damages; gate doesn't close, bridge flip over, concrete cracking, and a new water stream exposing cable lines.