Hi William, investing in a syndication or fund could be a good fit given your situation.Even if there is a crash, and people downsize, those people will have a need for self-storage, as evidenced by storage occupancy rates during past recessions.

Quote from @Aj Joshi: @Steven Rosenfeld , I am in the same shoe now as you were 10 months ago!

New windows, kitchen, basement bath and adding a storage room/pantry in the basement. 

On paper they were amazing deals, in reality they sucked so badly I went into self storage instead.

If in your shoes, I'd be sorting my marketing strategy, and jazzy ways to do my frunishings, marketing budget, how to Gorilla the hell out of it.

Maintenance storage?

Get really good at putting yourself in the shoes of the investor.  2.

Multifamily doesn't need any more pressure/demand since cap rates can really get low when too many people pile in, but I have to say that commercial real estate (including large MF) and other types of passive investing (mobile home parks, storage, etc.) can really make like much easier.

Quite frankly, if I were in your shoes I would try to get one of my siblings to buy me out and then invest that 40k somewhere else.

.- Tenant submitted a work order for low water pressure in 2 bathrooms- Tenant submitted a work order because the garage door doesn't close all the way and left a 2-3 inch gap at the bottom- Owner initially refused to address either work order- Owner demanding the tenants place furniture pads on each piece of furniture- Owner calling multiple times to speak through the work orders, asking when they've been scheduled, calling a couple days later requesting the invoices- Owner calling because they want to access their storage in the basement so they can remove several pieces of furniture being stored- Owner now emailing requesting multiple property inspections throughout the lease cycle- Owner questioning my experience and relative PM knowledge because I'm not following up with her in a timely manner (the following day after the work order)Keep in mind, this is 2 weeks after the tenants had moved in and the tenants are very happy in the home.This is something we see on a regular basis.