Lease holds are an option but may not be the best option. I am a little concern about something that is worth less the longer I own it. Depending on the property when the lease expires it may or may not be renegotiated. You can almost count on the lease going up if they do decide to renew. If I were looking at a long term investment I personally would not be looking at a lease hold property. The upside is you might be able to get in much cheaper but it is still a lease hold property. Understand I am not an investment broker but if it were me I would be looking at fee simple if I had sufficient funds to buy. If you have any additional questions feel free to give me a call.
Bil Parecki, RS, ABR, E-Pro, SFR, CFRA, RDCPro