Quote from @Paul H.: Hey Jake.

Quote from @Paul H.: Hi Jessica, Like others have said, $55K probably won't do much in SD. 

@Rodeline Paul not as hard as you may think, but does take time to research a market.You can use Zillow info to map out cities or neighborhoods in a large city, and then look at the sales and rent data.Geographic patterns will emerge in the data:)

Hi Paul, You can use an SBA loan to purchase a self storage building as this type of asset is considered a business. 

Quote from @Paul Azad: Hi Brandon, would love to know more details.

Thanks @Paul Ewing and @Jon Klaus I'll keep everybody updated on this thread as well.

Quote from @Paul Leason: I would agree with @Logan Laperriere and say that you should look for a Multi family home to start with.  

Paul.  

The rent control stuff mentioned is limited to Minneapolis & St Paul. 

@Matthew Paul Completely agree.