and if you shop smart (at least 1% rent to purchase ratio), you'll have 5k in gross rents coming each month. 

However, you'll have to shop a number of locations to find items you may want or fit your decor.

Dear wife took that and did a lot of google shopping.... and gave him a complete package with each room broken out.It made my meetings with my contractor super easy. 

@Lola BrownHave you considered shopping around for a better interest rate. 4.75% is a tad high.

I saw new construction, busy restaurants, nice coffee shops, and a fun beer garden.

I just could not bring myself to enjoy 7 dollar beers and Ports loaded with bars and gift shops.

Purchase price: $150,000 Cash invested: $50,000 Sale price: $350,000 Used building as a hair salon, custom garment shop and rented upstairs apartment.All remodeling work done by myself.

I don't think anyone will just give you a blank check to go shopping.

These are just some other ideas to keep in mind while you're shopping around.

Yes, deferred CapEx--but worked well as far as timing was concerned and I didn't have to go tenant shopping as well.No doubt all purchase/leasebacks may not work well because you are still dealing with tenants!