Master Lease on Apartments

[Dennis Johnson]

Afternoon BP family,  can someone tell me the pros and cons of doing a master lease on an apartment building.  This is the scenario, A c class building the owner wants to sell but current asking price is a little rediculous in my opinion.   However, they will consider owner financing or a type of strategy for financing.  They are raising rents to reach market prices but it will take some time due vacancy is very low.   I could go more in depth but just wanted to get an idea of master lease vs owner financing what are pros and cons of both.   All answers are greatly appreciated.