The peace of mind factor is not worth driving a 2,000 car.I have trouble with the idea of paying off the exising car note.

(when I have already factored out PM, mortgage and taxes)I do appreciate the issues of roof, fence, HVAC.

The main reasons are:- No probate- Significant Tax advantages - no estate taxes- No public disclosure - my teacher said, "keeps from airing their dirty laundry"This is coming from a class and book designed for real estate law in California so your mileage may vary, but that should give you a good gist of why people create trusts.

Also consider the value of your customer service that could be a factor in increasing monthly casflow.

The other stuff I factor afterwards like Growth, ROI,local economy, political city,is it a capital those usually do Well.

Personally, if there was one tenant not paying rent, I'd factor it into my offer, but I wouldn't be too concerned.

You may want to consider looking for a loan on one building to pay for the design, then you can get bids and pull permits.

If they are equity investors, you'll want to factor in several things, including your experience, your financial projections, the risk of the deals you'll be doing, the length of the investment, etc.

Is depreciation an important factor in what you are looking to buy and hold?

I guess the other factor is how backe dup the courts may be.