Assuming what they told me about their credit scores is true, would you rent to them?

It is very , very hard to find out who the true owner of a land trust is.

Teaming up with Mexican retail giant El Puerto de Liverpool, the family has made a $3.8 billion bid at $23 per share.Nordstrom, like many department stores, is struggling with changing retail trends, including competition from discount chains and the rise of online shopping.

You are not crazy :) cap rates on storage got pretty crazy in the last decade as the space has become crowded and money was cheap, starting to see some reversal of that now, but its tough to find deals at a true 10 cap (10 x NOI or NOI / .10).

The last thing you want to do is shop it yourself, have no clue on the bank's closing rate, and guidelines, and pay for an expensive appraisal with no loan. 

All the best - and would gladly do a ‘cup of coffee’ with you some day if you wanted to talk shop!

This is 100% true.

true cash flow is only going to come either (1) after many years of ownership, when the property is stable and rents have gone up; or (2) with a completely different, probably tougher strategy or niche.think about a down payment, closing costs, light repairs, rent ready costs, commission to the property management company, then you fix a dishwasher, then in year 2 the furnace goes.

Don't shop credit cards and mortgages at once, you ll create havoc for yourself.

Well of course they show a prop they bought in nowhere ville mid west for 10k and sold for 75k.. while i believe it was true .