Sale-Leasebacks have inherent challenges because the tenant/seller is incentivized to market the property in such a way they get they price they want, but if the entity who signs the lease is weak and there's no personal guarantor, they could stop paying rent the day after you close leaving you high and dry with very little legal remedy.I don't know your market, but in my eyes, any 10% cap offering is either an extremely weak tenant OR a tenant that has very little term remaining with no plans to renew.If I were, you I would very seriously consider how much I like the real estate and what my odds would be of refilling the real estate with the same or better rent and/or a better credit tenant once this tenant goes belly up.

If you miss the HOA payment, which is different than the transfer fee, the person on title will be notified to pay up.

So what exactly did we pay for?

AFTER paying the public adjuster the claim settlement came out to almost $200k.

Offer some incentives like paying for their move or covering the security deposit and first months rent at their new place.

Long term tenants in place currently paying below market rent at $1200/M.

Currently working as a lab scientist which relatively pays good but then again I'm not sure if I gotta start real estate after years of saving?

The challenge I am running into is that there is a power line right behind the garage.

Since 2006, we've borrowed over $300 million in private lending and have a 100% track record of paying clients back with principal and interest. 

I know that I stand to make more money per renovation by just paying for the work, but I'm attracted to the idea of partnering with him for a few reasons.