Ensure the facility is legally permitted to operate as self-storage4.Evaluate the local market conditions, including occupancy rates, rental rates, and competition from other nearby storage facilities.

Rachel left her engineering job to broker full time too.I'm happy to help you gain some confidence evaluating properties (whether it's BRRR, ADU conversion, or DADU development) and build your team (contractors, conventional lenders, hard money lenders, etc.).

Chelsea - I don't have an ownership experience at the moment, but I'm currently evaluating a deal that is a 28 unit and similar dynamic with weekly/monthly rentals rather than longer term leases.

Welcome Brandon - I have properties here in the wyoming valley.I am a native to the area.Scranton has many hoops to jump as an investor - esp. an out of the area investor.One is you'd have to hire a property manager if you do not live in the city of Scranton or within 20 miles of the city.Real estate taxes are high -that plus the current interest rate and ask prices makes cash flow an issue.You can find "deals" but please do your due diligence.Here is an example of a potential deal I am evaluating in the hill section of the city: 20 y/o, 2000 sq ft. 3b/3bath TH - Needs paint, new carpeting, and general wear and tear repairs after a 4 year tenant.

I have a couple properties in mind at the moment but is still working on evaluation. 

Evaluate these options to find the one that best suits your needs, there's no perfect choice, that's for sure!

Is it evaluating the deal, or maybe you want them in your corner negotiating?

I want to add on 3 doors per year for 10 years, then evaluate if I want to continue growing or start paying off the debts. 

You're on the hook to coordinate showings, answer questions, and avoid fair housing violations in how you evaluate and respond to potential tenants.

I had a vacant land deal I was evaluating but since moved on because I found out there was an easement involved.