Community engagement: Homeowners have a greater financial stake in their neighborhoods and are more likely to invest in their local communities.

Life is financially good even without doingSelf Storage.

I did all of mine several months ago as they are single member LLC;s and I already have to go through fingerprinting, background checks for my NMLS license as well as audited financials for our fund.

It was bought in 2004 and due to financial issues, I believe ~$197k is still owed on the mortgage.

@Serge Hounkponou Recommend you first figure out the property Class you want to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

If you can get financial support to get a duplex/triplex, I would recommend this.

@Ketch BaysStarting small in a cash-flowing market is a smart way to gain experience and build confidence without overextending yourself financially.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Moves risk to be financially covered by insurance hypothetically.

I am assuming by your post that you are financially invested and own the property.