We own apps, storage and mhp's.

i just had a townhouse opened up because a tenant that couldn't afford it had to move out. it really does suck to let a good tenant go, and seeing her just falling into this economy broke my heart. i gave her a grant, helped her move, and also offered her my garage for storage in the meantime while she's with family now. i really want to avoid this happening again. and i was wondering what are the measurements that people take now adays to make sure you're finding a tenant that does have a good job and good intentions. i'm terrified to see another tenant breaking in front of me like that. also i have a friend that told me that he found a tenant, signed a lease, and a day later he was already making problems and he's not paying rent. he was totally scammed and now with no evictions - he basically have someone living in his house for who knows how long. these are scary times for landlords, and i really need some good advise what to do and how to approach the next potential tenant. thank you all!

We have acquired 3 self storage facilities in the past 2 years.

I bought 3 decent sized properties in March (a 4-plex, a 6-bay commercial office/warehouse, and a 77 unit storage facility with a 2,400 square foot commercial building on the same lot).  

So if you wouldn’t mind sharing some strategies with me, does that seem reasonable and would would you do anything different if you were in my shoes?

I had some questions about Getting into Storage unit CONVERSIONS moving forward.

I’m 19 with several millionaire mentors so I walk in your shoes .

If I were in your shoes, I'd pick which area you'd most likely want to live and invest second.

So even if they do not appear to still live there and using place for storage you still have to go through eviction process.

Technically, our 2 bd/2bth is a one bedroom with the 2nd being an "uninhabitable storage space" for the renters.