You have one identified or you want to look for one? 

Asa result, we are seeking alternative methods for acquiring off-marketproperties.While we havedeveloped a robust system for identifying and pre-qualifying potential landparcels, one of the major hurdles we face is reaching the property owners.

The background check is supposed to identify the amount of risk, then you determine whether you can mitigate that risk or not.

Have another self storage development identified.  

Certainly from a capital raise perspective, $5 -10 million is a reasonable amount.That being said, raising capital for a blind pool fund is much more difficult than raising capital for a syndication where the property is already identified and the potential investors know exactly where there money is being invested.

Our community is actively identifying and investing in off-market deals, sharing the cost of virtual assistants and direct mail, sponsoring deals, investing our own capital, and having multiple group calls and webinars every week with institutional analysts, real estate and SEC attorneys, regional banks, private lenders, and other experts specifically to discuss and analyze deals within the community.

These services help identify any red flags that an individual review might miss.Regularly Update Rental Criteria: As fraud tactics evolve, so too should your rental criteria and screening processes.

It Could help your offer though if the seller thinks he might have difficulty in identifying his replacement property within 45 days (he has 180 days to actually close on it) And it’s okay with you....you could offer to delay your closing for up to 30 days or so, to help him have more time in identifying his replacement property.  

I'd consider renting for a period of time and identify a particular area you'd like to eventually buy.

A good mentor will help you evaluate things and identify potential hurdles before they come into play.People fail because they think it's easy without understanding what the difficulties can be.