It protects the existing structure and the improvements as they are added. 

I've personally experienced how much of a difference doing property management well makes versus doing it poorly. 

My current builder has been not performing on a project I have and it is clear they are not doing anything to change their posture and improve or make up schedule.

What are you willing to "give" that improves the property that may make them happy?

It is then up to the person who brought the deal to work through the “no”; to fight past objections; to analyze the deal for flaws; and to make sure that the investment of reputation, time, team, and money on the deal is a better investment versus the next best alternative.

Then does the floor plan and site plan actually improve upon the existing or just make things worse?

We collected cash flow on the property for a few years and did improvements to the property when the leases turned over so we could raise rents.

So the chances of someone getting hurt bad go up a lot with those type of places versus a school where mainly kids are being taught a certain martial arts style and some parents take along with them.There are varying business models within the martial arts community so important as a landlord to research what type is interested in your space and why.Also important to know if the school owner has shown success with a bunch of other locations or is this a franchisee that is learning the business on the location they want to occupy with at your center?

I'll be curious to see how much rents continue to improve over the next 2-5 years.

I also require my loan be serviced by the title company versus sending in money directly to the PML.