@Caleb Bryant  We just hosted a webinar last Wednesday on the market as well as our product type - self storage, and how it has historically performed in recessionary markets. 

Pick a market, then pick a product type and learn as much as you can on it whether it be multi-family, storage units...whatever.

The updates I will be looking to complete are:- Installing efficient and cost effective flooring throughout (1,200 square feet)- Removing bathtub with stand up shower/subway tile and new toilet - Adding additional storage in bathroomThere are probably a TON of things I am not accounting for as this will be my first time ever taking on a task like this.

Rainshadow Storage, LLC., No. 52757-0-11, an unpublished Washington Court of Appeals decision which I quoted above. 

I made a post awhile ago that looked at some data BP came up with to conclude that cash flow isn't always king and in the long term more money can be made from rental rate and home value appreciation.If I were in your shoes, I'd think long and hard about my RE goals and see if this home fit them.

I was about to sign a contract for my first ever offer on a Florida rental when I read the last line of the offer contract saying "Buyer to pay ____ (brokerage name)___ $345 fee at Close"When asked, agent said it was for storage/document fees, and very standard across all firms.

You can always trade up down the road.I’ve also spent a lot of time working overseas and have been in your shoes.

If you were in my shoes with this criteria and $700-800k to invest, would you recommend spending a few months studying up on single family or multifamily investing? 

Looks great, adds storage space, for a lot less than a cabinet, countertop, backsplash, etc.

If I made the current dining room the kitchen, I could put a full bath and a separate utility room where the old kitchen was, and turn the space under the stairs into a storage space.