Similarly, it's almost guaranteed not to have a sewer connection which would need to be added as well. 

These tenants are so big that obviously you aren't going to get a personal guarantee out of them, but they're also such a safe bet that it's not seen as a big deal.In the smaller range of 3-5 year leases and small businesses, you don't see a lot of NNN, and you see more personal guarantees for the first term of the lease.

I can guarantee there is significant deferred maintenance on this property. 

Many LPs thanked their sponsors for good returns with millions of dollars in guaranteed fees, and tens of millions in carried interest.

I guarantee if you think there are not any people around you doing what you are looking to do in real estate...

This way the rate and term (not a cash-out cuz it's a more expensive loan) payoff is guaranteed to get me all I want from the deal (to the limit of the LTV). 

But you do get that guaranteed rent as a trade off for your work.I have some section 8 tenants and other programs that are 10X tougher.

Why buy now, when we're virtually guaranteed a lower rate in a short time period? 

No, I won't rub your ego about how smart your scared spectator approach to life is people, waiting for a guaranteed result before make effort.

It's no guarantee but it's a good place to start.