The previous owner had a u-haul business there, but it didn't seem to bring in that much $$$.What other services do you provide to help supplement additional income from just the storage aspects? 

It sounds like her father needs/wants the cash flow to live on / supplement.

I also have all of my 401K and Supplemental Annuity retirement funds on the US Real Estate Index Trust Fund and I am starting to get a tad worry.

I am new to BRRRR, I have been flipping houses but want to supplement my income with positive monthly cashflow in rentals.

I will supplement by wholesaling and possibly flipping with partners once established in a market and cherry pick the deals for my BRRRR portfolio.To begin virtual wholesaling Find a virtual mentor Hire Virtual AssistantBuild buyers list Pull prospect lists to text Find photo/video provider Text and Funnel leads for qualification Contact qualified leads to better understand their needs Run the numbers Hire photos/vids Negotiate terms Distribute details to buyers list and sell to buyer

Or any supplemental income. 

Will all these expenses be shown on Supplemental income and loss form (Schedule E) or some where else?

Supplement it with online networking like here on BP and other FB groups. 

I hope to secure a few parcels to supplement our retirement income in the next few years.

Purchase price: $151,000 Cash invested: $16,000 Sale price: $199,900 Pre foreclosure was purchased with a deed in leu written up by an attorney which allowed me to pay her balance due, minor repairs completed and sold the property, all in less than 35 days.