Did you do traffic studies and population analysis to verify the potential of the storage for your area?

I'm new to Bigger Pockets and have been immersing myself in the podcast and studying various aspects of real estate investing—from market analysis to financing—for the past two months.

Hello , my name is Jay I’ve recently been reading and taking notes studying all about real estate rentals but came to a conclusion that it is something I am not all ready for just yet so I decided about doing land flipping or land for construction for new housing or developments so forth , but I hit a wall , which would be what type of bank account do I need ?

Study on your own.

Study HOA documentation prior to purchase as rental restrictions can limit the usage as an income property, especially when HOA is non-cooperative.

You will wonder why you didn't move them out in the first place and bump up to market rate.I recommend studying your market to determine a fair rate.

But once I studied them more I learned that the returns can often be more predictable and strong than many other investments.

By doing so, this unlocks the door for having a cost segregation study performed on your property.

I have studied long term multifamily the most, so I try to stick with that.

Yes, you need to do a cost segregation study