Also pay attention to how much TI/LC's are generally given to industrial tenants in your market and what is the downtime once a tenant vacates.

I think the downtime between expansion builds is a huge seed capital burden.

so one month downtime?  

I had over 460 HML on the books 400 of my clients were from LA... and had bought turn key in 8 different markets were I funded deals.NOw granted this was melt down time..

Hey everyone, I own a home improvement business and was wondering if property preservation was a good way to fill that lousy down time is contractors don't want.

Don't forget games for the downtime.

Meaning no down time waiting for the basement to be dug and foundation poured.

Having been a landlord for many years, my instinct was to "kick it into gear" and start searching for the replacement tenant, because we want to minimize downtime and science tells us that "nature abhors a vacancy." 

I've found that around Asheville, Smoky Mountains, Panama City Beach, Tybee Island, GA, Myrtle Beach, that there isn't too much down time.

I thought this was genius personally and really helped the owners with down time during a turn over.. now of course this works in the SFR space were you can stick a bunch of signs in the yard..