Do you plan to manage yourself or will you be hiring a property manager? 

I am also involved in management at one of the largest STR property management firms in Cashiers.

Hi Aaron,It's always challenging when companies go through transitions like this, especially when it involves something as personal and critical as managing retirement accounts.

Leverage will be reduced from the max available, reserve requirements increased and, typically, you would be required to use a professional property manager.

I am invested in a small multi family in TX and the management was not able to fill the property and do repairs and the income has dwindled badly.

With your background as an electrician, contractor, and project manager, you have a unique advantage in real estate.

Step 3- hire property manager to manage/look for rentersStep 4- look to refiance out of the hard money loan(how long after having a renter in can we refiance?)

Are they way under market, or is it manageable for now?

@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.

You just need a good property manager.