However, I think if you decide to do this, you should get some money up front combined with owner financing so you have some skin in the game so to speak.

It's a great way to determine how important certain offerings are in your market like accepting pets or having in unit washer and dryers. 

The result will be cash flow.So if you want to combine the best of both worlds, set up a small business for cash flow and invest in real estate for long term equity.

A private lender would look to the equity in both properties combined, placing a 2nd mortgage on the existing property and a 1st mortgage on the new property. 

Once rents are optimized, the combined monthly rent will be around $4,000.

The opportunities come from solving a problem or combination of problems that others cannot or are not willing to solve themselves.

The rising cost of business is likely a combination of the following...1).

Well, its a combined package of 4 self-storage properties here in TX, with a consolidated occupancy of 82%.

You take 110% of it which is $22,000.Now, your goal is to have $22,000 withheld from your and your wife's W2s, combined.

The downside of selling will also be that our expenses will go up by buying a new home as well, and we aren't very high income earners (we both make a little over $100k/year combined)We also own a few small rental properties in smaller towns nearby in TX, so the rental game isn't new to us!