Follow the L lines. 

I hope it serves as a decent starting place for you.1) Operating expenses should be similar to traditional storage. 

I can serve as this resource for you in the ATL area.

Quote from @Nicholas L.: @Nolan Gottliebneed way more infowhat does your contract say? 

However, the future easement road I would build would serve both properties.

Quote from @Nicholas L.: @Engelo RumoraI have heard that there are laws in the works that will ban investing anywhere in the country except Columbus.

But that conclusion is more about what is convenient for the CPA rather than the client they are serving...Unless the losses can be tracked without filing the state return and then captured as suspended losses when there is passive income from the syndication (this is what the OP’s CPA is proposing to do) - how is this possible? 

Quote from @Nicholas L.: @Ken Chen"With what I have now, I’m looking to invest in an area that’s both affordable and ‘if I mess up, I won’t lose too much’ mindset hopefully."

You have found the right place for a plethora of information on REI.Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersI hope BP serves as a helpful resource for your REI endeavors!

Serving others is far more fulfilling than impressing others.