Sharing a house with someone while having kids can be a sensitive issue. 

I certainly had my 6mo of living expenses rainy day fund that I took from, a little bit, and other semi-liquid sources I could use in the worst case, but I played it by ear and was able to take my time with many of the non-time-sensitive renovations.Because you're owner-occupying the property for at least one year, you can spread out many renovations such that it's a more constant trickle of cash required every few months or so.

I want to start cutting my teeth in CRE.

Lenders don't always require Phase 1 reports but be prepared for a recommendation of a Phase 2 report if there has been any indication of above/below ground fuel storage and/or any other type of environmentally sensitive materials.

I would like to complete this as efficient and effective as possible so please critique all the flaws in my plan.Find responsive realtor to assist with possible counter offer (I’ve learned I don’t enjoy the lack of formality with a dual agent.)If offer is accepted, create LLCContact firm to structure lease agreement which goes into effect, if and when I become the owner.Agree on terms and sign document with business owner (Aiming for 3-5 year lease or term equal to investor loan.)Armed with agreement, finish discussing financing process with local bank.Investor pitchLocate temporary storage for business if needed.Complete loan processClosing, etc.Other Details:Offer on property 150kAprx lease amount: 3kInitial offer made 32hrs ago through seller agent Cons:Not in the town in which I live.In slight distress.Finding a responsive realtor around here is like pulling teeth!

lolKnow that while Self Storage can seem attractive, it is a LOT more price-sensitive to inventory.

How are these risks accounted for in their financial models and what sensitivity analysis has been done to demonstrate how their margins of safety afford buffers needed? 

The laminate blade has teeth that cut downwards as opposed to "normal" jigsaw blades which cut upwards.

You're also competing with owner occupants who have more pricing options and are less price sensitive because they don't necessarily need to produce positive cash flow.

I always try and be flexible with closing times sensitive to sellers needs. 10 days or 3 months whatever they need.That wasn’t the case on this property.