So while every market is different and $4500/mo in rent is nice, are you spending a lot of money to have a less valuable property, versus spending that same $400k (or less) to do a nice renovation and keep it single family home and sell it or rent it out as a nice single family? 

So they use their own people to submit the articles and all that. 

The Pine Cone Way project provided valuable lessons and posed several challenges.

Your time is most valuable learning how to build a scalable business model, if that is what you want to do ultimately. 

I will attempt to look at their posts/articles about it.

Check out this article from the Albuquerque journal which highlights Las Cruces as rated one of the best cities in the US for flipping.

UNDER $1M IS TOO SMALLI talked to a few commercial brokers, and I am under the impression that it's very hard to find anything valuable in self-storage for under $1 million.

Are there internships, part-time jobs, or volunteer opportunities in the real estate sector that would provide valuable hands-on experience?

It seems like the IRS is simply giving me as the organizer, or managing member the ability to choose one or the other scenarios, with either a clause in the operating agreement, or written on the Articles of incorporation/formation, or simply by a Members Resolution.

Talking with the building property manager can also yield valuable information.You’ll never know everything until you’ve done an inspection.