The one thing I would add is that while you are researching the asset class, be certain that you get the proper education and align yourself with individuals that are SUCCESSFUL in the Self Storage Business, and discard the advice from others who do not have experience in this incredible sector of Commercial Real Estate. 

I'm considering travelling to America and looking for investors / business partner.Looking for partners / investors who may wish to develop in Scotland for the holiday home sector as well as flipping in the states and Scotland Uk.

While this forum is primarily Real Estate driven I was wondering if there was anybody that took there income earned through Real Estate whether it be via rehabbing,buying and selling, landlording ETC. and invested it into another market sector?

Almost 10% have real estate as the main source of their wealth, though I'd bet that "investments" and "diversified" probably involve REI to some extent as well.Sector and number of people who have this listed as their source of wealth: real estate - 26energy - 19investments - 19diversified - 18retail - 16metals - 14media - 10banking - 10hedge funds - 6beer - 6Sector and sum of the net worth from that sector in billions diversified - 250.2energy - 198.7real estate - 197.4investments - 174.7metals - 169.3retail - 129.7Wal-Mart - 111.8telecom - 91.7media - 85.6banking - 83.7

Lots of growth coming on housing sector - own or rent. 

Large institutional capital investments across a variety of sectors (retail, industrial, MF & office.)

Plus in a refi you'll probably leave a significant amount of equity in the property which further hinders improving that return.You might be better off selling and doing a 1031 and using all $350K in cash to go buy several value add or cash flow opportunities using more leverage than you could with a refi.Or another option  that many of our skittish clients are using is to sell, 1031, and then use the $350K to purchase say a $200K property that will generate at least 7-8% net of all expenses  for cash and use the other $150K with maximum leverage to purchase an additional $500K of investment real estate which throws off a very superior return due to the leverage and sector. 

Huntsville is actually on the downward trend with monthly rents, however the city seems to be attracting a good number of millennials especially in the tech sector.  

“Weak Housing Market Could Trigger Retail-Spending Pullback” If there is any sector that is susceptible to getting hurt by the actions of the Fed and the rise in materials costs it is the housing market.

Just one deposit for an entire sector of states such as the NE properties or SE states group.