lots more to learn so please send your tips/tricks/masterminds etc my way! 

Self Storage rates are more in line at about 11-12%.Its a high risk asset class.

Lesson learned Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

High likelihood of low maintenance for at least the first 5 years, depend on the build quality of the house.

I am interested in doing the same as the OP.I can't at the moment but I would recommend you contact lookup a loan broker in your area who specializes in out of the box lending.

If you have some recommendations, I'd love to connect with them. 

Your plans may change and you need the funds to cover that expense.I recommend you consider a house hack right now.

Stay educated by studying the real estate market through podcasts, books, and online communities.Good luck!

I sold one of mine last year to a gentleman from out of state who needed to do a 10:31 exchange, and he ended up just moving his son into the place I would recommend advertising on local and even out of state Facebook groups.

Hi Norma,I recommend using a DSCR purchase whereas the property qualifies itself, no tax returns , no employment or income required.