@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.

Seems like with an up/down situation or even a side by side duplex in Denver is difficult to find positive cash flow.

Two of your questions will be more situational and location based.We don’t ever haggle on pricing, although I would suggest being flexibleWe check credit, criminal history and everything that goes along with that, evictions, and income.

They know the law inside-out and protect you from bad renters or unique situations like the COVID eviction moratorium. 

A property manager would have greatly reduced my headaches in this situation.

Talk with other investors in your situation to get some ideas. 

The mega backdoor roth sounds great in practice, but in real life situations I've never actually recommended it to anyone. 

There are a few things to watch for: if you are a nurse and work night shifts and your tenant has kids that make some noise, it may not be a good situation. 

For a while, I've felt like I just couldn't find the pieces that fit any given situation.

@Brian Bisdorf It's always important to vet tenants but as a general rule of thumb, the better situated the real estate, the better quality of tenant you can attract.