HelloI am also new guy on this business.

The nature of our business is a contractor might be great today but awful in a year or two out.

We have a potential deal in the works that has a business on the first floor and apartment upstairs. 

First, you have to confirm they are still doing business.

However, most of them are busy in La Jolla area.

Our lender required the same thing as what you are saying so what we had to do was have my business partner sign a lease for us that stated when he would move in and how much he would pay in rent.

I’ve built my own SF, MF and designed STR and have been successful within all three but they all take work and risk.

Yes turnkey means the GC handles everything from permit to CO and gives you a turn key guaranteed price that does not change unless you make changes.Also some GC have stock plans or do design in house which will save you on design fees.

They typically have a "designer" or "consultant" for free that can give advice (or research in your case) specific items.

Now the building is over 85% occupied and a flourishing corner at a busy intersection in uptown Shelby.