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Updated almost 7 years ago,
House Hack or Self Storage Hack?
For the last year or so I had planned to house hack once I had an ample amount saved up. I currently work at a self-storage facility making peanuts and offhandedly had an idea to buy a smallish Self-storage facility (<200k) and live on the property. More than a few had an apartment attached to the office that were in within my price range. Granted, these locations are usually in a small podunk town but it doesn't hurt to look deeper into the idea.
I've only worked at my location for a little under a year so I definitely am not proclaiming to be an expert on all things self storage.
What are some issues I should be aware of if I decided to go this route? Should I even flirt with this idea or stick to a 2-4 unit place to start? Thoughts?