A lot of jurisdictions are backed up, especially large metro regions.Evictions are very rare, if you use strong screening criteria.

With respect to hiring a PM, I respectfully but very strongly disagree.

With the sale leaseback ensuring income immediately, plus your plan to generate additional NOI through the storage yard or expansion, the numbers look strong.

In the past, we have heard you need to have a larger portfolio to report to the bureaus, but even if you could I would strongly recommend against it.

Each of these things can be worked on and in a few months of consistent and persistent action, you can see a gradual change in your situation.Don't let current circumstances paralyze you.As far action steps:- Research and strongly consider the househacking strategy.

In that case, you'll strongly want to consider what putting personal-use property inside of an otherwise business-use LLC would do to the liability shield, as well as insurance and tax reporting.There are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

Partnering with a strong team—such as a knowledgeable realtor, property manager, and reliable contractors—will also be key to your success.

I own and operate a STR nearby in a strong area (Morningside just off of E Warren).

Prior to getting my license, I had some great agents that were strong at negotiating. 

Just make sure to do thorough research and fully update yourself on the changes in the local market to ensure strong rental demand and solid market data.Diversifying your investments by owning multiple properties spreads the risk and helps maintain cash flow.