Credit score- the higher the best. 760-780+ generally gets best pricing for investment property loans with most lenders.

Regulations are both the best and worst part of investing in CO - best because they are confusing, which gets rid of large Wall Street investors and keeps competition lower and profits higher.

Additionally the suburbs have higher taxes compared to Chicago proper.  

And I opt for the higher deductibles generally unless the price difference is minuscule.

I've been told the higher deductible also effectively killed FHA financing.

However, consider whether the upgrades will help attract higher-paying tenants or reduce vacancy rates, which might justify doing the work beforehand.

•Which unit size would rent faster and have higher demand in this area?

If that leasing agent is amazing then the higher the splits that the leasing agent can command.

Even if every Concrete crew was "legal", wages would pull them to other low paid laborer jobs such as landscaping, house framing, meat packing, etc, causing wages and cost to go up for new Self Storage Construction, let alone availability.Security Systems- yep sourced overseas, China.Interest rates going lower, but I expect Inflation to go higher.

I know we operate in totally different economies, "doors" here run about $100k, and far higher for small properties.