Estoppel indicates agreement between LL and tenant on financial facts like deposit and advance rent-say first and last.Lease describes the relationship and conditions between the LL and tenant during the stay in the property as well as financial facts.

According to the BiggerPockets forum discussions, here are some key steps for conducting due diligence when purchasing a self-storage facility:Analyze the financials thoroughly, including net operating income (NOI) and cap rates.

I advise my clients to look at the financials and recent meeting minutes.

Here to network, get information and learn everything there is to know to obtain financial freedom through real estate. 

They don't market their particular niche as a get rich quick, an anyone with our training can do it, or an "it's simple and easy" formula; instead they acknowledge potential legal issues, the financial limits of the sub to financing, and the need for state specific legal advice.Maybe I'm way off....but to me these guys seem legit. 

I was looking to park money in an asset and continue to live in the barracks collecting my BAH payment.

You may loose some of the protection from Airbnb, but in most of the stories I see Airbnb typically takes the guests side and holds host financially liable with no recourse in many disputes.

I'd urge anyone who's going to buy a multi-hundred-thousand-dollar asset to throw down $100 (or whatever it costs) to get the full data.If I didn't already have a full AirDNA subscription, I'd be advising my Colorado STR clients to do so. 

The purpose of house-hacking, as you're aware, is to benefit financially from another tenant/roommate subsidizing your cost of living. 

It is a well situated asset in the neighborhood in which I operate.