(Keep in mind that a lot can happen in the 4 years it takes before one can apply for the tax deed and these properties had to be real dogs in order to not be bid on by investors)  They had no exit strategy and almost all of the homes ended up with code enforcement lie and some of the homes ended up being demolished before we got to them.We ended up taking a contract on 185 properties around FL and have succeeded in getting these homes off of their books but for pennies on the dollar and are now their exclusive liquidation arm, but had we not come around, they would have ended up losing everything on those homes. 

It was an old convenient store with gas pumps.

The logic is that at a wall lots of items can be stored against it so there is more fuel.

I was so emotional and just wanting to liquidate his entire estate as quickly as possible that I just didn't think I was up to the challenge of rehabbing a 60 year old house that needed massive repairs to the tune of $100,000 or so.I had the cash and the house was totally paid off but,I just didn't have the courage to deal with contractors that would see a goof like me coming and take me to school.No one around me encouraged me to seek out advice and help from experienced investors and just told me to sell it and be grateful.I threw away a house that would have been worth $500,000 after rehab and fully paid off!!!!

My point is if you are looking for an alternative phone or IT solution for your real estate business I can definitely help you out..I like the computer stuff but my expertise is in Voice over IP Telephone Systems and setting up virtual phone systems.The other offer I have is I am a licensed nursery stock dealer in the state of Florida and can buy from any wholesaler in the state...currently I buy from Grandiflora in Gainesville, FL...they supply Disney, UF, Busch Gardens, etc  This is up for discussion, but I am thinking some flippers, contractors, investors, etc may have some landscaping needs from time to time so in exchange for learning, mentoring, etc we can work out a deal where I can sell to you at cost or near cost...I will share my product/cost list...I have access to over 700 items and can beat most of the big box store prices..everything is negotiable.I am currently working on finding properties to wholesale and working on a house right now to do a sandwich lease on and looking at sub2s as well.  

The initial equity split is 80/20 meaning that 80% of the equity capital needed was paid for by the limited partners and the sponsor put in the remaining 20% of capital.In years 1-4 the sponsor paid all members an 8% preferred rate of return and in year 5 paid back all of their principal through a liquidation event.

These are places people have to drop money for a service and they can't look around and then buy online cheaper. 90% of retail failures  last year were clothing and furniture store related so I avoid those like the plague.

I also downloaded the pocast app (purple icon you can find in your mobile app store) and search for bigger pockets podcasts.

You really need someone to help as NNN properties do have a lot of things to look out for such as bad leases, bad locations or areas for long term investment, lease set to high compared with store sales ratio, bad debt that must be assumed, etc.

The following day, I went over to see if the paint had killed the horrible smell in the basement and noticed in one of the corners that several (30+) small blotches of brown, SMELLY, liquid had seeped up through the concrete floor.