Keep cash on hand and don't put yourself in a position where if your tenant needs a new roof or AC unit right now that you'll have to put it on a high interest credit card.Second, I realize that everybody's experiences are different and so is everybody's unique skill set. 

Vehicle storage can't compete profitably when compared to Self Storage, "generally" speaking.On the sparefoot page on the left side you can select covered, open, enclosed, etc. 

Also make sure you have a unique value experience for your guests. 

in the SF peninsula and down to Cupertino there was a builder who built about 30k homes in the 50s and 60s  called Eickler these were modern heat in the floor tons of glass interior walk ways with gardens in them etc etc.. very unique ..

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

One of the requirements is to have a trustee. selecting a friend/family isn’t an option for me.

Fortunately, our software provider continues to improve their product and allow owners to select alerts they want and don't want.Next, we've asked our software provider to add a feature that would allow our owner clients to select from: Immediate Alerts, Daily Alert Summary, Weekly Summary, Monthly Summary.Of course, we call owners when there's a critical issue.

While this is not unique to foreclosures, and should be done for EVERY deal, I highly recommend you get full title insurance on a property.  

Many times, one of them doesn't work or works part time or simply doesn't have the income and credit qualifications that meet your selection criteria, but the other spouse or person does as the "primary income provider". 

Hello, Both Connecticut and New Jersey offer their own unique advantages for real estate investment.