My question is what is the suggested approach for renting a unit out of the home and living in the other?

Less risk if you use a data-driven approach, and a great way to get a feel for the numbers before you commit to owning.

Overall, I have a system and take the long term approach/vision.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

She is incredibly knowledgeable on the Twin Ports market and real estate investing in general.

@Matthew Turcotte I'd love to share our approach and strategies for value add self storage.

Here's an article: https://www.adatitleiii.com/2018/01/new-york-passes-law-agai...Here's how I would approach it.

Added Value: Since we've invested in this market for the past 6 years, we have incredible property management in place.

Your eagerness to learn and methodical approach are commendable.1.