Own prime land for Self Storage 1.18 Acres 50,000 Vehicles per day Traffic Looking for advice from people who have background in self storage.

Even if you screwed up 1/2 half of the liens you bought you would still be way ahead of paying them.

If you invested in stocks and got a 6.625% gain, you would be AHEAD a LITTLE because you would have MORE mortgage interest deductions to take because you DIDN'T pay it down.

You’re in an enviable position having valuable of time ahead of you.

Yes, you might get higher rents, but will you net significantly ahead? 

Now, I have not run out of money yet....I am just trying to get ahead of this before this does happen. 

A lender should be able to get you a estimate on monthly payment so you can plan ahead

For example an uber driver will have things like fuel, vehicle maintenance etc which could be several thousand per year!

(We knew the parents so my wife just about adopted these sheltered girls).The OTHER girl's BMW would not start & it was blocking her vehicle against the 2 car garage & she has to get to her Gross Anatomy final (Yep final year pre-med).The wife went over (2 miles away) opened the garage door (no-one ever parked in as they had already lost the remotes) and she was able to drive into the garage & back it out.Same girls called the wife @ 11pm for baking soda to make cookies.

At the end of the day the goal should be to make enough to give you an optimum lifestyle but not go overboard and cause yourself more work/hassle if you don't actually need the additional income that comes from it.Increasing the quality of the area/properties should make it easier management wise and if you don't necessarily need the cash flow now could end up ahead in overall return compared to the lower end areas, especially if you use leverage.I think it depends on your source of active income as well and how long you want to continue doing that for.