If you’re looking for steady rental demand and manageable property prices, it’s worth considering.Best of luck with your search!

Also, with a VA assumable, if the one assuming the loan is not a veteran, then the seller (veteran) entitlement will still be tied up in that property.

Currently it’s slow season and it’s even slower than usual from what I understand.We are thinking about how to build demand through targeted marketing strategies.

IMO, the best strategy for that type of individual is to purchase residential property in an area they are or can become familiar with; in an area where the neighborhood is “on the rise”, typically where demand exceeds supply and people are spending $$$ on fixing up properties.  

**Purchase Agreement**: This is the initial contract between you and the seller.

The seller and their agent hopefully did a good job communicating with that tenant to set expectations.

Often established sellers go with seasoned listing brokers.

This for us is preferred over seller financed deals as we can do 65% LTV, 800 credit with someone who has net work 2x+ loan and get double digit rates. 3.

So, that the seller knows they won't be nickle and dimed.

@Luke Spencer I am not on the management side but I can tell you it took 2+ years to fill 300 units at one of our facilities and the other just hit 300 units in 12/13 months so it really depends on the demographics, and local housing market trend, the more people moving in and out the higher the demand for storage.I think if you're looking at a saturated market then the upfront cash to turn the warehouse into self storage is not a good idea but then again, maybe those operators are on back roads ( low visibility ) and don't push google ads well.