Correct, the typical NNN lease has all expenses except for any mortgage payment are the tenants responsibility.

Seller paid closing costs are usually called a "seller concession" and appear on the settlement statement as amounts paid by seller for buyer.Your assumption would be correct for the buyer in #2.

Cheryl -As a marketing coordinator (I deal with flips and multifamily investments) You are correct - this is when people expect to get a deal.

I read a lot about houses appraising correctly after rehabs.

Where can I find information on the eviction process in NC so that I file the proper paperwork as well as follow the correct procedure.

At the state level, if the state law governing the LLC is the same as the state law governing the corporation, then you may be correct that there are no legal differences at the state level.However, you should also note that the S-corp does issue stock.

I am saying that the previous claims and the reason for the claims are not required disclosures if the problems were corrected.

Higher prices on food and gas will mean less disposable income for your tenants to spend on rents.

@James - correct, it could be $49,900.

No if it's priced right it's a steal for most buyers.The fact the you mention THE RIGHT buyer indicates it is overpriced and the seller is wanting you to find THE ONE buyer who will pay top market for it.So it is either a steal or it is not.Usually that market is slow moving as those are move up homes and many buyers are underwater in their current homes.Research in your area WHAT IS SELLING.I focus on what buyer are wanting to buy in the marketplace and NOT what sellers are wanting to sell.Your MLS will have data on what product type is moving.Expensive homes have a bunch of outlay in marketing costs so the listing should not be taken lightly.Some friends that have been selling upper end homes for years provide basic marketing and anything additional make the seller pay for it and keep the receipts.Then when it sells they credit the seller off of their commission.This way if the seller wants to take off the market early or change brokers/agents and not give you the average marketing time to sell it they are out the money and not you.It makes the seller think long and hard about correct pricing when it is THEIR money on the line.