Not all brands will tear down the building as it can be costlier to rebuild than retrofit. 

The low price point DG's are often middle of nowhere on septic systems with sheet metal sides and back construction that almost no tenant wants if DG vacates in the future.The only time I look at DG with that construction is if really old building in strong suburban core area I get with few years left on lease for 10 cap all cash and then can tear it down if they leave and have upside in redeveloping the dirt.Hope it helps I have been in NNN about 20 years as a specialist.Good luck

Carpet cleaning would have to be agreed to in the lease because otherwise it would likely be considered wear and tear and the costs would not be passed on to the tenant.

At that meeting, you are gathering information...closely inspecting all areas, looking for signs of any leaks, termites, rot, and of course wear and tear as well as housekeeping in general.

Additionally, mid-term rentals often result in fewer turnovers and less wear and tear on the property.

You do not want to tear out your NEW cabinets to replace it later.

I contacted a broker (my mother), and told her I wanted to find a property to tear down and build a new home. 

While there are residential units in close proximity, I am not sure tearing down or redeveloping the existing buildings is the best play for the site. 

It seems like these properties present an opportunity to improve the community and drive up home prices in the area if we tear the bad property down and build a new home.

One of the properties I need consists of two houses that I will tear down and one I plan to fix-up and hold.