@Alexi Galica-CohenOk well since it looks like we are unlikely to qualify for the 2 out of 5 rule, since selling in September is impossible, do you have any recommendations that would help reduce the tax burden for the sale of the property?

This reduces the lender's risk and makes it easier to offer competitive rates.

Whether buying land to develop, buying existing Storage locations, reduce risk of over inventory of storage units in one market, TIME waiting for either land or a location to become available for sale, while we are trying to grow our business.Start small and MAKE YOUR BIG MISTAKES EARLY. 

Buy properties (in the path of progress) that need TLC and add value (rehab, raise rents, reduce costs, increase NOI).

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

Told this story here before, we bought a property where the seller had been in a bar fight and had a judgement for medical injuries from the other person in the bar fight. 

An S-Corp might help reduce self-employment taxes by allowing you to take a salary and receive dividends. 

If I chose to try to find tenants before the unit became vacant I could likely cut down on the vacancy time between tenants and further reduce my vacancy to something like 2% but I budget for 5%. 3.

Diversifying your investments across different states can also help reduce risk and protect your portfolio.

If I reduce the purchase price to $600,000, the CoC jumps to 15.2%.