@John Sprague choose a southern beach location, within a mile of a beach, to capture months of April thru September tourist vacation traffic.You would be ideal for turning your property over to a management company on a double or triple net lease basis for those 9 months you are not there.

I have also progressively given her more apartments to lease over the past 2 years. 

One of the units is already occupied by a tenant, and while the lease seems solid on paper, I have a few concerns I’d appreciate advice on, especially from anyone who’s been in this position before.My wife also asked is it fair to ask why the seller is letting the property go, even if we don’t get a straight answer?

If you are good with that kind of work and coms then perhaps the lower tiers will work for you.Overall though its a great very flexible platform, and working in it on the leasing agent side has been great. 

You can write it into your future lease and assess fines as needed.

What does your lease state?

For example if you buy a 1 million DG in tiny town and 8 years remaining lets say cap rate is 7 and you pay cash.You collect 560k over 8 years and DG does not renew the lease.

Do they meet at lease 3x rent amount in monthly income?

You can have a conversation first, then run a tenant screening, set up the lease, collect deposit and move in fees. 

Here’s why:We see consistent demand in our area for medical housing.Shorter leases mean we can get inside more often for repairs and inspections.During vacancies, we could use the property for visiting family or friends.We’d love your advice:What services or platforms do you recommend for finding high-quality traveling medical professionals as tenants?