Fear is generally caused from not-knowing or 1 failed deal....This could include (1) fear of investing in big million-dollar properties, (2) fear of investing out-of-state, (3) fear of investing in other property types (office/self-storage, etc.), etc.  

Look for something renters would appreciate, and buy knowing that this won't be your FOREVER home, just your forever cash flow device!

Usually that area gets commands 700-1000 depending on number of bedrooms/bathrooms and condition of unit and surroundings.what I do to squeeze out more money is to rent out the garage and storage areas.

There is one part of the property market Barrack said he still likes: self-storage facilities, which require little capital investment and don’t show any signs of slowing demand.

I recently added a bedroom to an efficiency (that had a tenant living in it) by taking space from a storage area and punching through with a door once it was finished. 

They fixed it and turned the unit into a storage unit.  

Hello BiggerPockets  Community,I'm a contractor/consultant in Northern Virginia providing Home Automation (The Internet of Things - "Smart" devices), Security & AudioVideo design & installation services for both commercial and residential properties.

In the future I would also like to invest in other forms of passively managed income properties, such as storage units.I worked as an analyst doing appraisal at a property tax firm.  

They seldom held cars, but were used as storage units. 

I am interested in single family rentals and building and renting a storage facility.