You've already increased your credibility and reputation here on BiggerPockets, because you: listened to helpful advice; and,took swift and meaningful action.I actually recommend folks start out by building their own spreadsheet, so they intimately understand the complete ins and outs of all the numbers.

All I've got to say here is that you're going to be one happy, wealthy man 7-10 years from now if you keep making small adjustments to this already magnificent mindset & approach.Lovable & welcoming guy running a growing family self-storage business?

Move swiftly to evict and run it like a business.  

Magnificent 🍾

Originally posted by @Joe Splitrock:Originally posted by @Andrei Zamfir:@Jay HinrichsI wish it was not so, but Trump, or any other president, is powerless to stop a recession, especially one that can potentially dwarf the GFC.He could make it less painful though and let it run its course for a swift resolution, going contrary to Roosevelt’s style in the 30s, which prolonged the Great Depression.Presidential policy directly affects the economy.

To name a few: rent to section 8 and the rent is almost guaranteed, purchase B+ properties - tenants tend to stay longer, have pride of ownership, and pay rent, and, lastly, have a good property manager that can navigate swiftly with the tenants to prevent turnovers, evictions, etc.Whatever you choose, good luck! 

This should pretty swiftly, Id say within 2 years, remove 25% of the competition from the market place. 

Portfolio loans enable borrowing against equity in multiple properties, while hard money loans provide swift cash access, though they can be pricey.

Without looking into all the data yes the high end market is slow but I would not call it a crash.I am over the bridge in northern Virginia which like dc has limited inventory and still stuff moving swiftly.

Originally posted by @John Patterson:@Johnny L.I’ll be swift.