Hello and thank you for your contributions to BP.I’ve been immersed in the BP podcast while going to college studying civil engineering, and I can either do an engineering internship this summer, or shadow an investor.My long term goal is renting and holding mobile home parks and mini storage units, but I’d like to flip some smaller properties to get started.

This can certainly happen from raising rents and adding profit centers to the property like storage units, but it is unlikely to keep pace with the 5% to 6% long-term average level of nominal appreciation for single-family properties.Further - Multifamily properties over 4 units require commercial financing, which is less attractive.

When the fat pitch comes in, you should be ready to swing for a home run.

I am looking at making an offer on a distressed storage unit facility.

No monthly fee unless you want cloud storage of videos in case of theft or too many guests arriving Monthly fee is $3.00 a month.4. 2 sheet sets per bed AND 2 Comforters for quicker change over.5 HUGE tip....Beyondpricing.com.

He currently rents the house ts below market as he utilizes it for storage. 

He has no idea what he is doing, he has no experience and no capital - but he expects to make a fat profit on his first deal.

With your parents down the street, you could just bring your necessary items leaving seasonal clothes storage and other things at their place to limit your items needing storage to free up for the paying roommate.

Could storage fees be included in redemption as well?

I would be very careful commercial in small towns can stay vacant for EVER and a Day.just drive through any small town between Dallas and New mexico.. look down the main street.. nice brick buildings 90% vacant then on the outskirts of town a walmart and the associated fast food joints..the resi might work.. and maybe you change the commerical to cheap storage but put NO value in its cash flow would be my advice unless there is some compelling reason you think those would be leased.. if there was demand they would not be vacant would be my thought