Getting financed when ready is no issue.The Market choice, and then the building of the infrastructure that will produce solid opportunity is very, very hard. 

He is also an investor and top producer.

Fair return is calculated to determine if the owneris maintaining the net operating income produced by theproperty in a base year, subject to CPI-related adjustments.https://www.readkong.com/page/guide-to-oakland-rental-housin...2021 - GUIDE TO OAKLAND RENTALHOUSING LAW

Had not done a cost segregation study when I purchased these two homes, but understand you can calculate a value  to write off so you are not depreciating two roofs...using salvage value or producer price index.

Our market is unlikely to produce outstanding cash flow with the use of a PM and if you are self managing, your cash flow equates to earnings for your efforts.I am hopeful that the high interest rates have had a negative impact on income and that the STR income will improve if rates decrease.  

Start a business that produces cash flow. 

You don't part with any money when you produce POF.

Rehab costs, holding costs, and the ARV will be the largest cash eaters or cash producers with this deal.If you underestimated the rehab (both costs and time) and overestimated the ARV, you could be underwater very quickly. 

That is a lot of money but it is also a lot of time.Now let's say that rather than providing one on one coaching, the coach becomes a guru and try to leverage his time by producing content.  

It is not that self storage is a bad industry right now it is the skipper running the cre. a great manager can make a poor location produce!