Notice the phrase "at the time of SBA approval", this is critical and we were not aware of this nuance at the very early stages of the underwriting process.

@Dom J.My post wasn't meant as a criticism but as I re-read it, I can totally see that it could have been interpreted as such so note to myself: always check for that before hitting the send button.

Parking is an issue for some places in Lincolnville that’s why working with a realtor who knows the zoning and history is critical.

As with most real estate, like-for-like when it comes to sellable attributes is the most critical thing in conjunction with proximity.

I am not giving any tax advice.Luckily, I think we have gotten to critical mass, so we can start moving our bookkeeping to our CPA firm.One note on Taxes and this project.

Sometimes company reps come in to bad mouth other posters for voicing criticisms which is not helpful and just reinforces the bad report.

My only comment would be that we did not intend to sacrifice critical functional needs the property had in favor of using more funds in the cosmetic areas.  

Tenants are not ignorant of annual cost increases, the see it an experience it in all other facets of their life so sending a notice of annual rent increase stating due to increases in ______ have resulted in a need to increase rents to xyz, not only is understandable but may also help educate tenants of the reality of it and who the culprits really are for the cost of rents, building an advocate in some degree.

Dynamic pricing is critical to achieving maximum revenues.  

The ground rent, rent escalation and length of the ground lease are the critical parts of this deal.