Hi, Just bought a unit via LLC in Nashville area, specifically in Berry Hill to operate as STR.

They offer a $10K repair fund to fix damages in addition to SD plus warranty for appliance repair etc.I have no say in whom they choose to move in, whether there are animals, limit on # of occupants etc. they reserve right to inspect property so i have no idea if they can tell me to remodel, paint etc.does this make sense i have a vacancy coming up in October (bad rental timing).

@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.

Some have pointed out the fallacy that to be licensed in some way is different upon the operation. 

Your LLC needs more than 4 pages operating agreement.They are recommended by many but not with me.

We operate in the DFW, San Antonio, and Houston markets, helping investors grow their portfolios with turnkey LTR properties.

One of the most important steps you can take as either a startup landlord or seasoned one is to use a platform specific to property management as it will elevate your operation and save you tons of time.The good news is that nearly every software designed for landlords includes these features.

Brand new kitchen appliances, windows, baths, floors, gas water heater, gas furnace etc.

I’m a long term rental guy, so make less than an Airbnb type operation on cash-flow .  

@Jason Dubon I take the cost of all appliances and divide it by 5 (avg lifetime of appliances these days) to estimate annual cost of appliance replacements.