The building is not owner occupied.

So the total amount that should be paid will be rent for remaining days in month + security depositORrent for remaining days in month + next month + deposit - I don't know when would this situation arise.

What made you interested in investing in this type of deal?

If he Co-owns the property and then lives in it he would only need to put 5% down not 20% 2.

I am excited to learn everything I can from this great community.

Do you need all this for a couple of rentals?

The price per sqft is very high for an office built out for medical use.. however, there is an in place tenant paying strong rent with 3% increases for 10 years (close to 7% cap, NNN)What I don't understand is why the tenant agreed to pay close to 2X market comps in rent in price per sqft per year for this facility.

Hey I’m 17, living in the US and I’m trying to learn about real estate investing, what are the steps in this business, what’s the best way to go about it and I think a discord would be really helpful for me to understand.

I am happy to be apart of this group. 

They may have access to paperwork that can help with this.