@Eric Dacierno, Yeah S corps are hard to unravel without recognizing the gain. 

I'm genuinely curious as to why a seller would entertain this on a NNN deal.)

It's a type of land trust recognized by most states as not being a dry trust (dry trusts are executed under common law).

MN demands their cut AND doesn’t even recognize accelerated depreciation.

We initially called it the “100 deals call” as some people say you need to look at that many before you recognize/find a good one. 

The bank's perspective is that hopefully they can recover their remaining 80% investment in the property.However... banks will often recognize equity value in the property under your column of "money in the deal".  

However, the largest category of people that you're going to come into contact with are just looking for a genuine person who can answer their questions quickly and efficiently, and follow through on what is promised.

YOU have the best answer possible,, from :Account Closed are using the proper State Approved, Court Recognized leases for your State..Join the Association and also download your state landlord tenant laws. 

We have two nationally recognized chapters: the Miami-Dade REIA & and the Broward REIA aka BREIA.

I understand the desire to get into real estate and start making things happen but if you genuinely have no cash you could put yourself in a bad financial position.