Anything I should be looking out for leasing to a school?
I am looking at a commercial building that is currently leased to a k-12 school.  The school is a charter school, so it gets budgets from the state but is also responsible for lease.  Any caveats or things I should look for during due diligence? TIA
[{"id": "ct2l53z", "text": "Make sure it is state funded \nThat's not always a valid assumption with charter schools. ", "replies": [], "depth": 1}, {"id": "ct2vu1l", "text": "How much term do they have left? ", "replies": [{"id": "ct2yrds", "text": "They have 3 buildings and they all end in 2019.  One of my biggest concerns is they up and move afterwards, but not sure how feasible that is given you are now uprooting parents and their drive schedules, friends, etc.", "replies": [], "depth": 2}], "depth": 1}, {"id": "ct2w632", "text": "Schools tend to be near impossible to relet without significant renovations.  \n\nI'd be aware of the chances of having a really really really bad time if they ever take off.  \n\nI don't really know how you check for this but it seems like there are a lot of stories about them getting in trouble for misappropriation etc.  I assume they have some type of mandatory audits for processes, expenses etc.  Maybe look into that.", "replies": [], "depth": 1}]