Dodd Frank stuff here too, and once the tenant buyer creates something called equitable interest, you'll have to abide by consumer protection foreclosure laws when it's time to take it back.

.)- Potential to sell your own insurance for your own facility units (legal hoops with this I am sure but a large number of facilities have this)Cons:- High price point to obtain a facility, you can't just buy a handful of units within a facility (that I know of)- Vacancy rate is relatively high at ~8-12%- Current supply trend for facilities is outpacing consumer demand in most markets- However, investor demand is very high which is driving up price/sqft of many facilities- Potential for turnover is higher with tenants, unless marketing towards businesses storing excess goods/supplies- Large facility with a lot of sqft to maintain and upkeepWould be great to get some feedback from you savvy investors!

@Alicia Bell,I recommend that you Google "Georgia landlord tenant handbook " print it out and read it.

Working out for many is kind of and on again and off again cycle versus other types of consumers uses.When crafting a NNN lease if you ever want to sell you have to think of what the end buyer would want to see and not just what would be optimal for your business operations in the moment.Your mom might not have the time or energy to keep track of gyms.

They do not recognize a difference between a consumer or business purpose loan.All loans must be originated by a broker and you should use the broker’s paperwork, not that of your borrower.

While this is a low skill job, it is extremely time consuming.

I'll say that it will NOT be held in any individual name, for a variety of reason that would probably be too time consuming to address in this forum so that can be completely removed from the equation - the issue is single member vs. multiple member.

The #1 wholesale (ie, through brokers) lender in the country and the #1 retail mortgage bank (ie, consumer calls the bank directly) are within 45 minutes of each other in Detroit.

We do our own on-going pool maintenance (mostly emptying baskets and checking/adding chemicals), but I suspect the professional pool maintenance costs alone would consume any rent increase from having a pool.Good luck

If you have substantial assets it is pretty much a no-brainer in my opinion as it is usually cheaper and less time-consuming from a form-filing perspective than maintaining a bunch of LLC's.