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.

Also factor in if the rents jumped a lot and if that would lead to a vacancy, which will cost you more in the short term. 

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

I also think this is a really important number to know going forward due to calculating holding costs! 

Account for the cost. 

Do you have a total price range you're looking for, or maybe a cost/door?

It is always valuable to be able to walk into a property an analyze cost to repair, it is a huge factor in determining the feasability.

I predict that the substantial home price cost savings and greater control they enable the buyer to have will make them grow in popularity.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

They have cost my business tens of thousands of dollars and countless wasted hours of follow ups and missed opportunities.