Definitely a strong location with great visibility and high foot traffic.Since it’s a NNN,  your expenses are minimal, but if LazyDog ever exits, buildout costs will depend on lease terms and the next tenant.

Knoxville isn't a luxury market. widen the gap and do new construction. find infill plots of land in better locations and have more control. work closely with a builder who Is working with investors. we have flippers who did hundreds of flips then they graduate to new builds and say it's much easier. if you have the balance sheet you'll be fine. budget 20%. new construction commands a 20% premium and is much easier to duplicate Over and over and much less risk. 

Where are you located in New Jersey? 

However, because I am unable to make trips to scout locations or look at homes in person.

Investment Info:Condo buy & hold investment.First primary residence (2 bed/ 2 bath condo) located into a desirable part of Southern California.

I plan to use it as a rental property, but I'm concerned about the location—Bullhead City, Arizona.

@Ana Vhan there are many commercial options where you can add multiple locations/multiple states onto a single policy.  

Purchase price: $450,000 Cash invested: $450,000 Centrally located near Shopping, Entertainment, Transportation and much more.

My latest vacation rental property is a charming 2-bedroom, 1-bathroom townhome located in Seattle's Queen Anne neighborhood.

My experience in Massachusetts, where it took nearly a year to evict a non-paying tenant, has made me more selective about the locations I invest in.I am looking forward to learning and sharing insights with this community!