Service is definitely part of the equation when trying to figure out if you're getting a good deal.  

For a 65 unit self storage for $210k looks pretty good but When you said 3k a month equating to 36k a year..

Hopefully once we're done meeting with them we'll have one side of the equation figured out.Now if we could just find a general contractor worth a damn maybe we can figure out the rest of it.

People equate writing with someone who is an expert, and they may contact you that way.  

@Holly NoleUsing the simple equation Income - expenses = what's left:Income: Do you think the rent is too low?  

In states where such data was available, transactional data was also factored into the equation.

I plan to do a more thorough analysis, but I may find historical expenses for the past two years equates to 35%-40% not 50%.

The lender will factor the experience level and the size of the project into the equation.

These options or any others that take the bank out of the equation are really the only way you can avoid the most basic issue here -- that you don't currently make enough monthly income.If you're not up to speed on all the concepts I've mentioned, then Bill is correct about a second point... listen to the podcasts... all of them. 

Many people don't have enough saved for retirement in the first place, and when they take their 401(k) out of the equation and borrow the money,typically up to 50 percent of their balance,then that money is no longer working for their retirement needs.