On true NNN leases, the tenants are reimbursing for all expenses including management and CAPEX; @Joel Owens - care to pipe-in.Oren

Do these small often unspoken of markets that live in the shadows of Major Metros serve as a place for newbies to cut there teeth in the world of real estate or should they run the other way.Small city, no growth, good cash flow?

My lease specifies that I will take care of any pest issues during first 30 days.

But  as long as they're good tenants who take care of my property  and always pay on time I have no problem  continuing month to month as long as they give me 30 days notice  prior to moving .

To me, unless there is a safer more profitable financial vehicle "out there", I'll move forward with property however, one must be oh so careful, I barely made it out alive on my debut. 

I'm guessing you're going to put a lot more money into this than you think, so be very careful with your numbers, and build in a margin to them before you make an offer.

Cut up and throw away all credit cards.

But I am curious how long you were at it before you closed your first deal.1 month but the RE agent was a long time friend who cut me a deal. 

IMHO he did not keep a professional manner and did not handle the issue in a customer friendly fashion......I am glad he refunded me at this point since I am not interested in rolling the dice on any more $1500+ programs but I was shocked to see that he did not care to better explain the reasoning behind the waiting time for setup VS the guarantee time limit ......or even try to level with me as a customer.

As for evicting the current tenant I would be very careful.