I am a newbie in all sense but if I can focus on trying to grasp this concept, I may have a chance at a real possibility like this sooner rather than later.Thank you all in advance who reply.Much respect,Dan Nieves

@Lane Kawaoka and @Michael Wagner I am respectfully disagreeing with you on self storage being a passive investment at least in our experience.  

I'm putting a substantial  amount of money down, so my deal looks good with respect to LTV and DSR, two things they look at. (1031 exchange, and I am more focused on net income after debt service as opposed to maximum leverage.)  

They’re well respected and have been around a while.

At least submit a letter to the owner showing that you're submitting the offer respectfully, and would like to explain how you are coming to your offer number.

By that I mean anyone making around a median wage in their respected area.That way is small multi-families (2-4 Units).

Fortunately, the 2 that I encountered still had respect for their home and didn't create a lot of damage.

I do know that this is one of the preferred vendors of one of the marketers that I respect so that is a pretty good endorsement in my mind.After looking into about 20 TK providers in several markets MIP has made the short list. 

Act friendly and respectful. 

They are doing so for the two reasons you mentioned along with higher returns versus their respective areas.