Both are similar in that they target first time, low-income, less FICO sensitive applicants.  

@Doug Haisten your VA should probably not be handling sensitive info i.e. social security numbers and bank account info.

Below Average Schools, no Downtown, and yes the rents look nice now but I would guess thats its population is highly sensitive to the economy. 

Also, I was all prepared to go door knocking one day, and then read something online about not door knocking to preforelcosures just because of the sensitive situation that it is...so I'm not sure wether or not to go ahead with door knocking...or just send out way more letters and stick to that?!

Real estate is sensitive to location and time.

These are time sensitive and there isn't room for me to hold your hand ESPECIALLY IF YOU AINT GOT CASH.  

I cut my teeth in the construction industry building custom homes for a local builder and then branched off and started my own Custom Home Building company.

Run some sensitivity analysis to make sure you can still at least break even if rents drop or if CAP rates increase significantly.

@Khurram MirzaYour underwriting model is the best way to let you sensitize the capital stack mix for the most optimized returns.

Estimates are that one-third of storage space is filled with items that have been there for over three years.3.Rent Growth and Positive Net Operating Income In-place self-storage tenants are generally not price sensitive, as the self-storage rental fee is normally a small portion of a tenant’s monthly disposable income.