Apparently he had a property which appreciated greatly, which he didn't want to sell, so he NNN it, not only to save on capital gains tax, but when he comes out, he still has a place to call home.I thought to myself, what a smart criminal, and another great use of NNN leases.

I come from a criminal law background and recently downsized my business due to the bail reform that was passed in January.

If something didn't check out comfortably that we would look for in any prospective tenant (say, criminal history), we would not be obligated, correct? 

Criminal record?

Oh, I'm finding out that I do have some passion for this kind of business ;) Thank you for your input.To reiterate what I think Alex was saying, I would reconsider holding them for 5 or so years ... the market is hot now, you have a stepped up tax basis, you just put $100k into $400k worth of what sounds to be fairly low quality C-class RE (no offense intended) that you may or may not be able to recoup, and if you wait and the market turns (very likely within the next 5 years), you may have to wait 8-10 years before you get a better selling opportunity and price than what you have today.

Clean criminal record, a go getter, and pretty deep pockets.

Why do I need to go through the legal process to evict a squatter (a criminal) who I have no legal agreement with?

Your applicant has the right to dispute any information on their credit, criminal, or eviction report by contacting our dispute department.

Obviously, I'm not advocating anything illegal, however, IF he was associated with criminal activity that was disruptive to other tenants, that probably violates his lease.

I've seen some people tricked into criminal proceedings because of the things they have signed.