We would greatly appreciate any advice on promising markets, recommendations for reliable agents and lenders, as well as insights on how to proceed as newcomers to the industry.

Purchase: $80k-$130kRent: $1200-$1500ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.

I've been hearing about problems in the insurance industry but this is my first time experiencing it personally.

We paper them differently and have numerous disclosures and checks and balances in place to ensure the deal is as risk free as currently possible.I agree the gurus are soiling this industry quite a bit. 

I am a complete newbie to real estate and I'm looking to make a switch in my life and taking part in an industry that can set me up financially for the future and forward. 

It is highly advised to keep learning continuously as the real estate industry is constantly evolving, and staying updated is crucial.

Spend on marketing : highway billboard(units are only 0.1 miles from the major highway), lake billboard(units are 1 mile of the lake), Facebook ads.. total budget 20k.I have owned single family/multi fmly rentals before and this is my first big investment into storage units,  please help me out industry veterans and let me know what else can I do to get to profitabilty soon.

I have been in the Property Management industry for about 11 years.

(Currently at industry.)Thank you beforehand.

They undergo regular training and stay updated with industry trends, laws, and best practices, ensuring high-quality service.Access to ResourcesNARPM provides its members with educational programs, legal updates, and networking opportunities, enabling property managers to handle any situation effectively and offer informed advice.Efficient Tenant ManagementNARPM property managers excel in tenant relations, from screening and lease agreements to conflict resolution and evictions, ensuring stable rental income and minimized vacancies.Legal ComplianceNARPM property managers are knowledgeable about landlord-tenant laws and regulations, ensuring compliance and protecting you from legal issues.Maintenance and RepairsNARPM managers have reliable contractor relationships, ensuring timely and cost-effective maintenance and repairs, along with regular property inspections.Time and Stress ManagementBy hiring a NARPM member, you delegate daily management tasks to a professional, saving time and reducing stress.Financial ManagementNARPM property managers handle rent collection, accounting, and financial reporting, providing detailed and accurate financial statements for informed decision-making.Marketing and Leasing ExpertiseNARPM managers use proven marketing techniques and platforms to attract and retain tenants, ensuring quick rentals at optimal rates.ConclusionChoosing a property manager is crucial for any landlord.