There are so many landlords that never update their lease or other documents.

I have a rental property I put on the market for rent, do you guys have or know where to get a yearly lease agreement I can use in Phoenix, AZ? 

On the lease, he'll pay me $100/m over my HELOC payment and all other expenses, including the refi cost, inspections, title work, etc... 

Only two things matter:  the lease and your state law on termination of lease without notice. 

I'm working on my first rental and trying to understand the best practices for how to use the template leases I can find.

This is a straightforward and common approach.However, make sure to document the change in the lease renewal or addendum, specifying the new security deposit amount.

However I just realized there was a mistake in one of the tenants' lease! 

See who represents owners frequently in your jurisdiction and get set up with them.

Interesting idea, but I suspect that would create more problems than it is worth.Most of the leverage you have with a NNN lease is that you are working with a company, presumably one that makes money. 

Hey all - Stumbled into a new SFR net lease strategy after purchasing my first self-managed SFR in South Florida.