I searched Google using "self storage in Lufkin, Texas 75901" Maybe if you can offer Climate Control storage you may have something there. 2.

There are cities that probably cash flow better, are a bit more affordable than another but if you look at the data, the migration of people, company and jobs to southern and warmer climates continues unabated.  

You acknowledge that it is necessary for you to maintain appropriate climate control, keep your dwelling unit clean, and take necessary measures to retard and prevent mold from accumulating in the dwelling unit.

Here are some details of property:- not listed, owner called me off direct mail campaign- 260 units in 5 buildings no climate control and 70% occupied (unverified)- owner has price in head of $1,350,000, probably from a broker- owner brought up seller financing in talks- I should receive financials this week from accountant- property is free and clear- agent for Penske truck rental - only one in 10 mile radius - paved, fenced, and has security system (unverified)- house/office in front of facility with 2 employees - 1 is live in managerThanks in advance for your input. 

One of the world's best places to live, and a perfect investment climate there.  

There are ways that a lease with option can be accomplished (though I would no longer do one in this regulatory climate) but you must make sure the lease and the option are separate.

@Mark BrownIn the current climate (low interest rates) I would try as hard as possible to avoid variable rate loans.

Almost two years ago we moved to Orange County California to be closer to my aging mother in law and a better climate for my health.

I'm just giving alternatives to a question asked on the bigger pockets forums.We have had a few people who moved here tried to do the arid climate landscapes.

If so, I probably don't need much more money, so I'd spend another year or two aggressively repaying the last two houses, and then retire in some warm tropical climate within a total of 6-7 years after this all started.