He was great but still fairly new to the industry at the time.

I'm new to this forum and have searched for posts dealing with this subject.I'm looking for (1) general advice, (2) referral to resources but more importantly (3) 20-30 min conversation/connection to developers (I hope this does not violate the mentor request rules of the forum, I believe it doesn't, but if it does please ignore this 3rd request) who have gone through an adaptive reuse conversion of a multi-story building, preferably a historic building, into self-storage or any other use for that matter.I'm new to real estate development and self-storage, but I've followed the industry for years and have a basic understanding of the drivers/economics.

Also you have the best last name for the industry!

Attend an SSA, State SSA or ISS show to continue educating yourself on the industry.

Spencer, you stated 6% preferred is on low side, what is industry standard for investors.

Also keep in mind the appraisal industry has been in decline for a few years.

Don’t let anyone outside of multi family industry tell you what you can/can’t accomplish while they’re sitting behind the same desk they say at 10 yrs ago.

That market rises and falls with the oil industry, so take that into consideration.

I have the exclusive until october. the owner is insisting on 155K. the basement is unfinished so I plan to finish it and change the half bath to a full bath.

What is a good number considered as an industry standard?