It’s absurd. 

There's also a ton of investors who approach banks and believe they can borrow money without recourse (no personal guarantee) merely because the property is titled to an LLC and then falsely claim "banks do not lend to LLC's".

Property taxes have gone up a bit, but so has insurance-all the little bits add up over time.I understand why you say this, but saying more supply will lower renting costs is a false narrative "Spruce Goose".

I was disappointed that this was not upheld and it took me posting publicly for you to reach back out.Dear Ruth,With all due respect, what your are saying here is completely misleading and false.

I've been looking to buy a small self-storage facility, but there are some myths I've encountered that I just don't know if they are true or false.1.

Just completely false information and they should know better. 

Usually these 100% financing loans have high points and fees along with an absurd rate.

What I see, is most people get just enough knowledge to create trouble for themselves...kind of giving themselves a false sense of comfort.I say real estate is a team sport. 

Deeper checking revealed false previous addresses.

I have seen many STR operators in my market (Cincinnati) post their STR for some absurd price "because we are cash flowing $2,000/mo".