The long-term rentals just generally speaking have less problems overall as it's less wear and tear on the units.

The 50/50 profit split is legit.You pay a partner fee to get started.They pay for the houses, repairs, etc. and you split the profits 50/50.Buy box is residential 1-4 units and 65% to 70% of ARV (house plus cost of repairs total)

A trustworthy agent is a great resourceTypically, if you buy something like a duplex rent, the other unit out and your mortgage payment difference is what it would cost for you to rent that place or less the deal is worth it.This is also factoring in renovation, capital expenditure, etc.Good luck!

Just stick to about 10 pages of PDF/PPT.Summarize total deal size, units, locations, etc.

You don't want to start a relationship to learn about storage units and then find out they only invest in single-family homes.3.

@Paige Seeley - thanks ...the min down payment for a 1 unit rental  property is 15% ...so putting  20% down isnt that much more ....recasting  isnt always  offered for rental properties so you would need to check with lender ....recasting normally has an admin fee of $300-$500 

Properties that were converted a long time ago, or likely converted without permits, and not to today's building regulations.Not knowing how the property was separated by its units means that you don't know where the electrical, plumbing, or other mechanicals run.

Such as focusing on efficiency and getting units cleaned up as to decrease turn around time for vacancies.

Of course it will depend on if you are offering warehouse style storage or individual units but the property you own doesn't care if a boat or a RV is in the unit as opposed to household items.

Think about turning over the unit and having to cover the entire mortgage for a month due to vacancy.