Now, obviously that will increase your loan amount and consequently, your monthly payment amount.

All of those things, unfortunately, increase during a recession, providing a safer base case for self-storage than some other assets.

Increasing supply and reducing demand at the same time? 

We are getting close to and we are looking for new lender, or a way to put our current lender as ease, and increase our loan limits. does anyone have experience with this situation?

You've increased value in your NW and have minimal maintenance for the next decade. 

Will a simple notarized agreement between my LLC and him work?

It's also important to ensure your property is presented well with professional photographs and possibly a virtual tour.Additionally, expanding your marketing to social media, real estate forums, and local community boards could help increase visibility.

Hey Latonya, accepting out of state vouchers can increase your tenant pool and potentially increase your rental income, but it also introduces complexities like verifying voucher validity with distant agencies, dealing with unfamiliar local resources for the tenant and navigating potentially different eviction procedures in another state.

When its your lawyer against an army of insurance company lawyers that do this all day, best to not even get into that fight to begin with and do some simple extra protection. 

In addition, you need to know the current Legal Rents in the records of HCR (DHCR) for each apartment as they will be rents that you will most likely be stuck with and you will not have the ability to increase rents to cover Rehab or your investment.