When I went to deliver the new leases this past weekend I found a tenant that is elderly and has dementia in later stages and this question was on my mind.

You sometimes might not be able to make decisions stuck in analysis paralysis stage.

My only concern is that it’s not actually in the final stage of ADU permit and I’d have to spend a lot of money to re-do the structure and/or permit.Is there a way to request what step they are on the the permit process, the permit manager contact with the city... etc to ensure it’s not going to be a money pit? 

Finally getting my mind out of analysis paralysis stage one is nice.

There are so many ways of financing development projects, each has its advantages and bring certain limitations, as newbie to seasoned investors, developers or finance professionals, Are there any proven set of guidelines/advice to decide what type of finance works best for which type of projects and at what stage of development such that chances of profits are improved as well developer be it novice or mid level to experienced on do not fall into bad financial situation.thanks in advance. take care, stay safe

If NC allows you to keep deposits out of state you could use Seacoast Commerce Bank as they specialize in this. it may not be worth worrying about this too much at this stage in your investing journey.

All of the above makes me wonder, is self storage industry in the late stage market cycle and the end is near (3-5 yrs)?

What stage of the deal were you in at that point? 

@Andrew Lake I am in about the exact same stage as you also looking at Indy and based out of the CA Central Coast.

For the stage of life that we were in when we purchased it, it was great because we slammed the principal of the loan for 6+ years.