@Andy AcostaThere is typically a 6 month seasoning period on a new mortgage.

Ah, the seasonality of being around college towns definitely is a consideration. 

- Community Laundry is located on the premise - 6 storage units also comes with the purchase Numbers (yearly)Rent Roll- 226,000Raised Expenses- Taxes- 28kInsurance- 12KUtilities- 23KWater- 10KTrash- 3KManagement- 15KRepairs/Maintenance (2020)- 15KEstimated Mort Payment- 66KBy my calculations, this deal cash flows very well.

Renting there is seasonal.

I've also extended the time for refinancing to allow for "seasoning" the loan, especially with new tenants.

CT home sale prices have dropped for the third month in a row - this may be a seasonal change, or ideally the beginning of a longer term correction.

Heck if the alternative is a $750k bridge you could offer to build them a garage or large storage building on the access road you ar willing to build for them. 

You also have the down payment in a source and seasoned account rather then a open end mortgage/debt obligation that increase your DTI...

I am new to real estate investing and after some reflection I am looking to go into commercial real estate (storage units to be specific).

This will be my first rodeo with going through the build process, so if there is any advice from seasoned members, I am all ears and would appreciate any advice.