It was I believe 3k to sign up and then the cost to set up the LLCs for me was I believe $700, that partially depends on your state.

Fico while they will look these are not credit score driven loans like those buying rental houses or houses to live in...

If you don’t owe then, everything is profit without paying overhead depending on the structure of your lease.

It also depends on all the other policies.

The seller will lose some rent, potentially incur costs to evict, possibly costs to clean out the units depending on your sales agreement.

Plenty of other great groups depending on your focus.

I disagree a little about what you said about companies are entitled to fair market rents, I believe that depends on where they are located.

@Geovanni Cano sellers don't like FHA, it is meant for people with little money and very low credit score, plus you have an FHA inspection which can derail a deal a week before closing, nothing the buyer can do.

@Luke Spencer I am not on the management side but I can tell you it took 2+ years to fill 300 units at one of our facilities and the other just hit 300 units in 12/13 months so it really depends on the demographics, and local housing market trend, the more people moving in and out the higher the demand for storage.I think if you're looking at a saturated market then the upfront cash to turn the warehouse into self storage is not a good idea but then again, maybe those operators are on back roads ( low visibility ) and don't push google ads well.

Before buying or renting in an unfamiliar neighborhood, you should check the following two sites: SpotCrime, AreaVibes,These sites provide valuable information, including Livability Scores, which cover aspects such as crime rates, employment, health, housing, schools, shopping, and more.well, anything can happen anywhere.