Might be worth having an attorney look over your HOA rules regarding actions by your neighbors affecting your property but talk nice to your neighbors first.

We are having trouble finding any property that meets the 1% rule, or any numbers that make sense to us for that matter.

I help and show other people how to create streams of income so they can feel better about their finances.

James, your correct in assuming that its more difficult to create value in a net leased property.

basic sub too.. deal as long as your personally well capitalized. this scenario probably works.its the undercapitalized buyer and the sterling credit seller that creates a huge risk for a seller and I don't recommend any seller to participate in that type of deal.but since the sellers credit is already bad there is real equity in the deal that will keep you in the deal and you sound like you have the wherewhithal to pull it off..

So I'm wondering if anyone else has had issues with their bank not knowing the Fannie Mae rules on seller paid closing costs?

We want to create a new number to put on our marketing and have it forward to my phone as well.

I think you will find that most real estate rules don't apply in Southern CA and especially in highly sought after communities like Irvine.  

I believe it's CFPB 7/17/16 final rule, requirements are there.

You created a cap rate when you purchased the building.