A HELOC is not a special loan that has to be paid off ASAP.

I know some parents collect rent, but put it in a special account for when their kid moves out and the kid can use that as a down payment for a home. 

Be prepared to learn the systems you need and deal with some headaches though compared to other forms of renting.

So just be prepared going in.

@Arya ChenTo initiate a self-storage deal, work with a specialized broker, preferably from networks like the Self Storage Association or commercial real estate firms.

I wouldn't do that to my investors, so even though I am not sure that a capital call will be needed, and if it is, it would be small relative to capital invested and likely not even this year, I felt it was my responsibility to give investors a distant heads-up that this is a possibility so they can be prepared if and when we have to take this step (and I should note we've never issued a capital call in our multi-decade history so I don't take this lightly). 

We specialize in investments, property management and renovations! 

Additionally, it's helped me understand the transaction process significantly, preparing for when I do take the leap into investing. 

I specialize in helping investors grow their portfolios strategically, and your skill set would be a great asset in this space.Best of luck with whichever path you choose!

If you want the best coverage in case something happens, call an independent agent and tell them you want a policy with Chubb...then be prepared to write a big fat check for that premium.As Dave Ramsey used to say, drive into any major city in the US and look at the names on the largest buildings downtown...usually either an insurance company or a bank, or both.