Most are going to want to lend on the rehab as it ensures the rehab to be completed,There are numerous ways to pencil it out in your favor though.It benefits to work with an experienced broker who can guide you through the process and put you into the best possible product and solution out there for you.

I am looking into buying my first self storage facility.

I'd be willing to bet buying an index fund would have a better return without any of the headaches. 

I dont buy from home depot that often .

If you plan on buying additional property, you should indeed go on more calls to assess and meet the repair person so that you understand the problems as they arise.  

(And I would tell you to not buy a property that doesn't cash flow unless you have significant resources behind you that could absorb anything that could come at you - like replacing a $5,000 AC one month followed by replacing a $1,000 hot water heater the next).   

Investment Info:Single-family residence buy & hold investment.

I went from buying multiple properties per year to doing nothing 2022. 

In addition, you can even organize any fix-and-flips and buy-and-hold inventory. 

I'm currently renting and when  decided I wanted to focus on real estate investing, I decided not to buy in Tampa because of the low MF inventory and in home house hacking is not for me.