Sale leaseback 10 year lease

[Paul Ferrara]

Hi all: i found a few of these on LoopNet in Georgia. It’s a. 10 year sale leaseback at $2500 a month , 360k selling price , buyer only pays annual taxes. The tenant is a vacation rental company who manages the property. What are your thoughts on this? Should the legality of vacation rentals be any concern ? Don’t like the idea of not being able to raise rent for 10 years though but the cap and cash flow are high and consistent .. . http://www.loopnet.com/Listing/21548777 Thank you !