I am a realtor based out of Cleveland, OH and I have a client who is looking to lease a commercial space for his business.

Hey @Seallington Touch I'd recommend attending some local meet ups and listening to the podcasts.

Ideally I’d love to find a lender who would lend based on ARV instead of LTC.

I recommend starting by tuning in to the BiggerPockets podcast.

Most of these eliminate the absolute “newbie” who has been taught to run around making “offers” on FSBOs based on “guesstimates” of repairs and then try to “sell” the contract to a fix n flip buyer and if not successful utilize a “weasel” clause to disengage from the contract unscathed.  

I decided to pull the trigger after a few years of listening to this podcast and reading up on posts in this forum.

When you go to pick a new restaurant, you have some idea of what to expect based on the $ - $$$$  used.

Otherwise, I would always suggest hiring an attorney to draft one up for you, or at the very least, find a template and have an attorney review it to be sure you've got your bases covered.Good luck! 

The BRRRR strategy is also a very hot topic on my podcast about investing in Memphis. 

In regards to learning more about real estate and maybe how to answer those questions I'd recommend listening to BiggerPockets (Rookie and Real Estate Podcast), there are also some market specific real estate podcast you can check out depending on the area you want to invest in.