I'd approach it from the angle that your insurance requires you to have the names of every guest, and unauthorized guests are not permitted for that reason.  

There are a ton of other flips that are hitting the market and should help my comp.Working backward - I like to take a conservative approach to numbers.170*.7 = 119,000170*.75 = 127,500I have 76k in the property and need a reno of 43-51k.

I have been marketing his off-market properties for over a year.SCENARIO #2 - Major seller/broker approaches me and wants me to sign NDA / CA as principal buyer.

It has been a few days since we submitted the offer and are approaching the deadline we also put in on the offer.Does anyone know if they sometimes take a few days to get back (most likely waiting for other offers) or if they simply do wish to accept our offer or if there actually is other offers. 

I might approach it in this manner “We were thinking of selling at some point in the future, but have decided to sell as soon as your lease term is up.

I basically require validation of strategy and suggestion of improvements or  viable alternative approaches. 

Maybe put yourself  in her shoes and approach the issue with a bit of compassion. 

I've been looking into turnkey as well for a somewhat more hands off approach.

In fact we have a 3-Day Developer's Academy that we conduct once a year, most recently this past summer 2018.Please feel free to PM me and I'll give you some quick insight as to a high-level approach (as in the 30,000 foot view) to what you realistically need to do to determine if it's feasible and how to do some financial forecasting on the "back of a napkin" to see if it makes sense to move forward.Please note that Developing a Self Storage Facility from the ground up can certainly be lucrative. 

Most of the time I don't think that would be an issue, but with small independent managers, it might be.It is very hard to cash flow a property when the largest expense is management fees and those approach or exceed 15% of the income.