Purchase price: $400,000 Cash invested: $20,000 Sale price: $620,000 Bought near a private university with the plan to live in it before renting it out.

So I'm interested in getting started in purchasing and running self storage facilities and want to learn more.  

YES, you can get the work done for less than this on occasion, in particular if you are doing some or all of the labor yourself, not pulling permits, or purchasing stolen materials as a starting point. 

Not sure about FL, but many places don't publicly list the purchase amounts, so tough to know what they sold for. 

I think my own research says that I cannot reap the benefit because you would have to have put the property into a fund upon purchase.   

I purchased the property before my wife an I were married and only created the trust after my daughter was born.

I purchased/still going through tutorials, entering data and trying to learn the program. 

If you're looking for ways to accelerate, consider these options:Seller Financing – Some sellers may finance a portion of the purchase price, reducing your need for a large down payment.DSCR Loans – These loans focus on property cash flow rather than personal income, often requiring only 15% down.Private Money Lenders – If you can find a PML willing to work with you, you may be able to put less down.Partnerships – If you’re open to splitting profits, you could bring in a partner who funds the down payment.Since you’re okay with the slower path, just keep stacking cash, but these might be worth exploring to move faster!

I'm looking at a purchase price of under $175K.

I have a question about purchasing a duplex and renting it out.