The property in question is currently on NNN leases, the thought came up today to transition everything over to Gross leases.I personally think that the leases should be left alone as NNN.  

When I transitioned from Single-family to Multifamily investing 10+ years ago, I was initially looking to purchase a 50-60 unit complex by myself but quickly realized that you need around 100 units to make the numbers really work and have dedicated staff, otherwise the property will not run as efficiently and will require more attention and your time.

The seller should understand early in the conversation that he/she pays nothing for your service in bringing them a reliable cash buyer and enabling them to make a smooth, predictable, hassle-free transition out of ownership of the property--unlike they would get in the retail market.

During this transition I want to revise the way I collect rent.

If the repairs are strictly cosmetic and less than $30k you can do a 203K streamline loan, spend the money on things like kitchens and baths and focus on transitional design that will stand the test of time.

My intention is to transition from contracting to investing.

Good luck on the transition!

We transitioned back to this for a couple of years during the Great Recession.

But my biggest worry was that Oregon isn't too landlord friendly so I just wanna make sure all bases are covered to mitigate any other headaches that may occur during the transition.

Situation:I currently have 20 units in my home state. I am moving back and taking over management of my properties in 3 months. I've owned rental properties and have slowly grown my portfolio over the last 20 years.  ...