The vast majority of us on here are not fans of this model. 

There are too many varieties to be relaying on advice from people who haven't seen it and it's not their area of expertise.

My living expenses were almost completely rolled into the business model and I lived among an ever changing group of guests who made life lively and entertaining.

That doesn't mean every reader agrees with everything I say.I'm not undermining your process or your expertise.

@Brad Banks Some models do have bidding wars.

Hi Everyone,I thought it would be helpful to share a couple of excel models that I use in assessing prospective real estate projects.

Instead, I'm interested in gaining experience and learning from your expertise.

The losses could be used against other sources of passive income and that is it.If it is a standard self storage model, and thus treated as rental income, then in order to get anything other than passive treatment you would needs REPS status. 

While degrees are not mandatory, a few prerequisites are necessary to successfully execute a ground-up deal.You can engage in networking extensively, but unless you can speak the language of finance, comprehend its metrics, and know how to utilize them for in-depth pro forma modeling, progressing in the business becomes challenging.The initial step in executing a development project is to identify and properly control the acquisition of a site.

Let's connect, I'm happy to share my network, expertise, etc.