@Alexi Galica-CohenOk well since it looks like we are unlikely to qualify for the 2 out of 5 rule, since selling in September is impossible, do you have any recommendations that would help reduce the tax burden for the sale of the property?

Whether buying land to develop, buying existing Storage locations, reduce risk of over inventory of storage units in one market, TIME waiting for either land or a location to become available for sale, while we are trying to grow our business.Start small and MAKE YOUR BIG MISTAKES EARLY. 

Buy properties (in the path of progress) that need TLC and add value (rehab, raise rents, reduce costs, increase NOI).

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

If I chose to try to find tenants before the unit became vacant I could likely cut down on the vacancy time between tenants and further reduce my vacancy to something like 2% but I budget for 5%. 3.

An S-Corp might help reduce self-employment taxes by allowing you to take a salary and receive dividends. 

Diversifying your investments across different states can also help reduce risk and protect your portfolio.

If I reduce the purchase price to $600,000, the CoC jumps to 15.2%.

With that said, there have been more realistic seller expectations to the tune of significantly reduced purchase prices both pre and post executed agreements.

Highlight the cash flow and equity in your property when negotiating with lenders, as this reduces their perceived risk.Ultimately, you may need to reach out to multiple lenders or brokers who specialize in DSCR loans to find one willing to take a second position.