Nonetheless I felt at this time it was better to go ahead and outsource it.

Just a heads up, when working with different partners across different LLC's that are layered, you'll need to invest some time into getting it set up properly. 

If any of you guys need some help or push to get going DM me. 

I would plan to just go ahead an vanilla shell the remaining half while I'm at it (surprisingly few people want the ability to customize their space, they want it to start as vanilla). 

The question I have is whether I should send a courtesy letter ahead of time letting the tenant whose lease I won't be renewing know that they need to be looking for new residence as long as the sale goes through, or if that is too much of a risk since things are not finalized yet.

Although, this is totally something I considered before going for the deal and know I’ll have some learning curves ahead of me.Appreciate the questions!

There are several pockets of the city that offer tax incentives, as well as some rapid development immediately surrounding down town that is pushing rents and price appreciation in a very promising way. 

My point is to push you a bit to think through the numbers and see where this confidence is coming from. 

You don't necessarily need a letter of intent prepared ahead of time, but it helps to have something ready to go if negotiations become more serious. 

What tips can you give me on starting out and what I should do at my age to get ahead?