Despite wanting to handle it a few other ways I reached a small cash settlement with him to drop it.

Purchase price: $840,000 Cash invested: $75,000 Sale price: $1,200,000 Full renovation of all 4 units.

Another idea that we have been exploring is using the cash value of whole life insurance funds for emergencies. 

Is a second mortgage (heloc) or cash out refinance a better idea?

Purchase price: $395,000 Cash invested: $39,500 We were dreamed buying home in California, but we just turned our around.

When that happens you will only lose part of your cash flow rather than all of it if you have multiple DSTS vs one larger one.

@Luke Spencer I am not on the management side but I can tell you it took 2+ years to fill 300 units at one of our facilities and the other just hit 300 units in 12/13 months so it really depends on the demographics, and local housing market trend, the more people moving in and out the higher the demand for storage.I think if you're looking at a saturated market then the upfront cash to turn the warehouse into self storage is not a good idea but then again, maybe those operators are on back roads ( low visibility ) and don't push google ads well.

There are a couple of companies out there that will let you do a cash out refinance with no income!

So depending on if you are using it personally and want to have it pay for itself or you just want cash flow will help determine where you should look and what type/size home you want to consider.Please reach out anytime and let me know if I can be of help.

What does a cash positive investment mean to you?