It follows the classic 1% rule (rent is 1% of the purchase price)--or is that the 10% rule where yearly rents are 10% of the purchase price...I never remember.

This isn't like flipping burgers where a fixed procedure guarantees good results.

You can't always have it your way (with apologies to Burger King).

Trying to follow the 2% rule rent would be 5500, and rent here is expensive but not mental.

In fact, there is no rule really on who pays what, it just has to be paid.  

There is no set rule r time to hold, however, 12 months is typically the minimum but again, the intent is the key for the IRS. 

Our dining facilities on base (which offer free meals to juniors/dirt cheap meals to seniors) are habitually becoming more and more empty with individuals choosing to spend money daily at burger king, subway etc. 

Of course you would have said it much more captivating :) Several things.It doesn't matter how many ways forms or methods you try to sell a baby cow burger, with onions, and juicy lettuce on top, to a vegan.

The 70% rule really doesn't help much if you are using a buy and hold strategy, with the exception that you know you can have a second exit strategy by selling and still make a profit if you needed to sell.  

You basically eat all your burgers and chili dogs during the first quarter and then have to survive the rest of the game on chips and pretzels.