Which is what I had to do.

I think your best approach is to pretend you are the investor yourself, calculate build cost (mortgage with interest) + Maint / cap expenses/ management fees according to your zoning and then compare that to the average rent in that neighborhood.

I love a challenge.

Check out the BP's Real Estate Events & Happenings area as there's an event this week which will be covering the topic in Tampa, for Tampa region.

All was going well for a few months but I ran into an issue. 

Most residential mortgage lenders that I work with max out their LTVs on primary residences at 70%, which would mean a loan of $336k.

I am looking to speak to some people that are knowledgeable about the self-storage market in the Memphis area. 

I would think that local chapters of builder's associations would be a good spot as well.

I think this way of thinking is a bit foolish and can leave thousands on the table.When I'm looking to process a renewal, whether for my own investments or for my clients, I start by completing an analysis on the tenant.

Hey @Tempest Byrd - I ironically went to high school with a Tempest Rouge, I love that name!