Regardless of what your lease says you are going to have difficulty evicting someone in today's Covid conflicted climate.

Can I even get a commercial loan in the current climate?

The Anti-Eviction Act, N.J.S.A. 2A:18-61.1, and the Summary Dispossession Act, N.J.S.A. 2A:18- 53, provide the following grounds for the removal of tenants that may constitute emergent circumstances justifying an LT trial:• Disorderly tenant (N.J.S.A. 2A:18-53(c) or 2A:18-61.1(b));• Willful or gross negligent damage to premises (N.J.S.A. 2A:18-53(c) or2A:18-61.1(c));• Abating housing or health code violations (landlord seeks to permanently board up or demolish premises because cited by authorities/inspectors for substantial health and safety of tenants) (N.J.S.A. 2A:18-61.1(g));• Occupancy as consideration of employment (N.J.S.A. 2A:18-61.1(m));• Offenses under comprehensive drug act (N.J.S.A. 2A:18-61.1(n));• Assaults or threats against landlord or certain other persons ((N.J.S.A. 2A:18-61.1(o));• Eviction for civil violations (tenant found by preponderance of evidence that theft of property, assault, terroristic threats against landlord or member of their family, employee of landlord’s, etc.)

We can't compare climates to San Diego or Los Angeles, but pricing is substantially cheaper than San Francisco and Seattle with similar geographic advantages.  

You have more than enough Market, in a 800,000 Pop city.5Outside or climate controlled?

The current or future economic climate can influence the immediate numbers, but if a profit can be made now, based on the current numbers, then it's a good deal. 

Montana interests us because of the growth potential and we love the northern climate.

If so I would make it a lighter color especially if you are in a hotter climate. 

It’s just different level of cautiously and wisely using the current climate to your advantage while reasonably protecting your principal.

In this rate climate there are limited kinds of sellers that should be open to owner financing.