Class C is more work than class B, but if managed well can do great.  

In the LOI, should I put my name and the buyer as well?

There is a ton of risk for the seller as we know in these deals and there are bad actors in these deals as well.. ran into many of them buy sub to never pay of the mortgage rip the rents and down the road..some off those folks got criminally charged and got prison time..

.- We can better control what's on our master key system- EVERY lock at a property is opened with one key (well, maybe not the garage car-door)!

As a matter of fact, far too many these days don't write contracts or stick to their price commitments after the project is well underway. 

Future enhancements include the planned Silver Line rail alignment with nearby stops, as well as potential commuter bus services, pedestrian paths, and bike lanes.The development benefits from proactive rezoning by the city, transitioning the land from industrial to mixed-use urban development.

I am curious to learn from others as well  :)

Hopefully, by year 3 the market will be good enough for a refinance as well!

@Luke Spencer I am not on the management side but I can tell you it took 2+ years to fill 300 units at one of our facilities and the other just hit 300 units in 12/13 months so it really depends on the demographics, and local housing market trend, the more people moving in and out the higher the demand for storage.I think if you're looking at a saturated market then the upfront cash to turn the warehouse into self storage is not a good idea but then again, maybe those operators are on back roads ( low visibility ) and don't push google ads well.

Ill send you a DM here as well.