Though I did not use his services I saw his operation and work ethic and found him to be professional and innovative in his thinking and business approach.

In my humble opinion, (after spending the last 8+yrs “managing” /co-financing my parents’ home and then their rentals) I highly recommend helping your parents sell their house & enjoying your non-business relationship with your parents while you’re still able.           

In discussing this deal and his terms, he presented me with a master lease as his standard way of business.

You'd go bankrupt if you were significantly below that, and wouldn't have any business if above. .8% to 1% to rate sounds suspiciously like the typical rate hit for investment property v owner occ, or SFR v 2-4 unit.

Good luck on your Business 

However, because there wasn't a lot of building done in 07-14 we are behind on the amount of needed inventory so buyers are just moving further out from the main business areas and commenting which is putting pressure on transposition to keep things moving well. 

Just like any other business its all about sales and most importantly MARKETING!!!!! 

@Zimean Vickers I hear you, sometime people just cant help it but you have to remember your running a business too and can't let those things affect the plan

So my mother recently passed and she invested several hundred thousand in a friends business and he was paying her a yearly return at 10%.

We were just featured on Hulu's season 3 (airs October 4) Small Business Revolution, named top 10 places to retire by AARP and another large publication that is slipping my mind at the moment.