Thanks to all in advance..

Thanks In advance!

Furthermore, even after the president was told of the lead paint hazards and violations and cited by the New York City Department of Health with an Order to Abate the hazardous conditions, he still failed to maintain the apartment in a safe condition and allowed the peeling and chipping paint conditions to continue, resulting in a second Order to Abate from the New York City Department of Health 4 years later for additional lead paint violations.Does this sound like somebody maintaining their entity in a reasonable and responsible manner?

Thanks in advance for any and all thoughts!

Again, thank you in advance for any assistance you can provide.Thanks,Adam

I have alloted money for pool at 2000 for pool/pump/filter.I am using a hard money lender for financing details as follow:Gross Loan Amount: $93,445.50 (closing costs included)Net Loan Amount: $90,000.00Loan Term: 3 YearsAmortization Type: Interest OnlyInterest Rate: 11.500% Estimated Payment: $862.50Buy down Option: 8.500%Buydown Payment: $637.50 Buy down Costs: Add 1.5% to lender feePrepayment Penalties: N/ALender Fee: 2% of net (us)Underwriting Costs: $950.00, due at submission of signed offerThe details will change a little based on end negotiated deal.I have looked all over the web for ARV, and I am relativley certain that I will be asking 135000, expecting to get 120-125000.I know I am probably leaving something out, so please ask and I will follow up asap.Thank you in advance for helping out a new investor!

Protecting your family with proper insurance coverage is a critical component to your overall financial health.

Thank you in advance for all your help.

I appreciate the feedback in advance.

Yes Tony a TRUE Triple Net the landlord will not pay those costs.Lately net lease companies especially credit rated tenants have been more demanding in trying to get the landlord to cover some costs.It is very important to look at the length of the lease and terms and escalations.With inflation if the rent increases every 5 years is marginal and they want you to take care of certain items with the property it can drastically reduce your returns.It's all about what returns you are seeking versus the security and consistency of the payment.Generally triple net will hover around the 6 to 9 CAP range but will not approach the teens in most situations.For those kind of returns you have to usually chase after value add deals but they are much more work than mail box money from a credit tenant.Credit tenants have risk which is why you also research heavily the health of the tenant today you are acquiring the lease and their growth plans for the future along with reserves.