Purchase price: $425,000 Value add self storage facility with 65 units.

And third, I just learned this today: In order for me to be able to qualify for a FHA cash-out refi, I have to own the property for at least a year, meaning no longer the 6-month “seasoning period” if going FHA.Is there any other options that I can do?

When is the rental season? 

Recently, Cedar Point, an amusement park, bumped its seasonal wages to $20/hour (Ohio min.

Let’s take skiing for example:Some people will start their skiing pursuit by first doing conditioning in the off season, so they’re in great shape.

Assess the convenience of any potential investment property by considering typical walks to class, libraries, or—if applicable to your town—a downtown area (think shops, restaurants, or bars).Don’t expect tenants to sign long-term leases.Considering that the majority of renters will be students, tenant turnover will be high—undergraduates especially tend to change housing year to year, meaning renters who are willing to sign a lease over one year will be few and far-between.Instead, encourage lease “pass-downs”.One main concern in real estate investing is vacancies—a valid concern, especially in a college town, where the rental off-season between semesters will deplete the prospective rental pool.

@Kevin ReinhardtNo unregistered vehicles allowed on the premisesNo displaying signs on the exterior of the property or in windowsNo storage allowed on the exterior of the property

What are you seasoned investors using?

(also thought about it being boat storage until local development catches up so at least it would cashflow something) going to wait for about one year, before we take any major action (Bridge Development should be rapidly moving along by then - Completion date for bridge is 2024)

What is the typical seasoning period for properties and financing?