However, it is a pdf file, and is a huge pain to edit.

However, you may go through some growing pains once you have a vacancy and have to find a new tenant. 

I don't think it should be a problem but I hope he isn't a pain in the butt and doesn't interfere too much with the negotiating or me taking pictures or whatnot.

That may be true, but there are specific economic, psychologic, and demographic reasons why self storage is in demand in both times of prosperity and recession.

The market here is beyond tight these days, painfully so.

Will probably end up landing around 1.25m-1.5m total cost.Conventional mortgage Pros:     30 year fixed, traditional 20% down, best interest rate Conventional mortgage Cons:     5 new sets of payments, 5 sets of closing costs, 5 times going through the conventional process (sounds painful), will use my last 5 conventional loans avail (at 5 currently)Blanket Loan Pros:      Simplicity; 1 payment, 1 loan app and processBlanket Loan Cons:      10 year term, 2-3% higher rate, 25-30% downThe properties will cash flow either way and I don't need the cash flow immediately.

It's tough to find good contractors, I feel your pain.

We're in research mode now and are interested in getting some feedback from flippers about pain points, etc. that could help inform our tools.

I bring this up to simply illustrate the point that having a good answer to the capitalization question, and a track record of closing deals and not being a pain in the you know what is what gets you deals. 

Basically I make it high enough for it to be painful for them, worht it to me.