Actually Doug most of them were living in their Mothers garage and well found this system and they are now driving lambos etc.. its a common housing situation for the guru ..

Obviously, lowering the fee and raising the rate is an option but that feels a little bit like spinning my wheels.At some point, if I'm dropping my rates far enough to compensate for a high cleaning fee, we get into the conversation of "is it even worth it to rent it at this rate and risk property damage, 4 star review, etc".Our logic is make the property stand out and the cleaning fee is not an issue.

Here's a recent article from ISS:https://www.insideselfstorage.com/development/busting-9-common-misconceptions-about-self-storage-development

Owners/Operators have to identify new and innovative ways to offset these expenses just to survive.One of the most common solutions I keep hearing is bringing property management in-house (aka vertical integration).

Purchasing a fix and flip from a seller that had prior issues with GC and is concerned that GC may file a mechanic's lien on the property even after the property is sold to me.

A tenancy-in-common (TIC) is when multiple parties collectively own a piece of property and have assigned use of different units within the property.

-based, Bookkeeper Launch certified, and QBO ProAdvisor certified (also, experienced with common REI PM/Project Management software such as Appfolio, Buildium, DoorLoop, BuilderTrend, etc etc).We have a Client Portal you can run those receipts through to get rid of the shoebox!

But would it cause any issues that my 1 bedroom which is getting paid by the state will have a higher rent than my 2bedrooms?

The downside is that you can't view reports online which I don't think is a big issue.

Moving forward we are exploring possibly combing households due to the large size of the property and the difficulty of upkeep but there are several questions/ issues that need to be addressed so it does not put either of us in a compromised position.When her husband died a friend paid off her mortgage due to it going into foreclosure ( 210k total).