There is an issue for the investor of being unsecured for that time frame or longer.  

However I do have a few other ideas but I would need to know a bit more about your situation, timeframe, overall financial objectives.

The importance of lowering expenses and increasing efficiency to maximize property income.

The 2008 timeframe was different and in situations a lot harder than now, but this market will shape a lot of investors that found their new market, product to focus on, and/or to dive in deeper when times get tough.   

@Veronique Leroy I would say it is possible if you force equity, hold for a few years and then sell and then average the return of the whole profit over the timeframe of deal.

You can run the same scenario accounting for the tax hit if you kept it past the 2 of 5 year time frame I presume you are referencing. 

Every state has a slightly different process, and time frame for each step, so you may want to consult a Realtor for your state process.

Although it is a short timeframe, I'll ask about their depreciation schedule and will consult with my tax advisor.

@Cameron Gomez What's your time frame on acquiring your first property in Arizona?

If they don't pay within the required timeframe, then I auction off the storage unit and wash my hands of it.