They are nearly identical to wholesalers except they put their money where their mouth is.Another thing to consider:  whenever i start working with a real estate investor, be it a +100 deals/year flipping company, a seasoned vet or a beginner, i always ask where they've gotten their deals before.  

Hope this helps.My 3 cents adjusted for inflation.

This rewards them for being good Tenants while giving them plenty of time to adjust.

There should be an increase in your rent every year to adjust for cost of living such as your tax bill etc.

James Cloman credit karma has a simulator tool, you can make some adjustments and see how it affects your score.

While I guess I should be happy to face that problem but still would be nice to be able to reduce the tax.Any creative but legal ways to adjust the base to reduce the taxes (I.e. how to handle HOA dues...

Rates are going up, so I am looking at 3.9-4.1% most likely if I can lock it now, I am at 3.15 but it's an adjustable, which is up in two years.

i think you should wait until you have a problem, before you react to problem. aka, seek the lease term you want at the price you want, see if it happens....if you then need to adjust terms, do so. 

I'd go with something like this (definitely adjust it to your business model):15% Tax15% Vacancy and Maintenance50% Pay Yourself20% Set Aside for Future DealsSo if you collect 1000 in rent you'd save $150 for Tax, $150 for 'Maintency' (Vacancy + Maintenance), $500 for you to enjoy that month in your personal account, and set aside $200 to let build until you have enough for the next deal. 

@Logan Hassinger - This is my first commercial loan, so thanks for the feedback on the terms - I'll adjust my analysis.