I have potentially started in multi family investing at the commercial level, then expanded to self storage in mobile home parks.

@Rey Ruiz There is a seasoning period for a loan, but they typically sit around 6 months or so.

If you realllly like it, I’d have owner open dialogue with tenants - I’ve seen pay for move outs be something like pay for storage, moving, and 3 months of rent to move out within 30 or 60 days.

Many seasoned vets have stated that they wish they would have started bigger earlier and some have stated to start small and grow.

For those with self storage experience, I’m looking to find out the average cost per unit for a 10x10 non-climate controlled unit.Let’s say for example, 200 units to start out with.

The whole MN moratorium ordeal is like a whole Days Of Our Lives season if not 2 or 3.

After you buy the home and you have (6) months title seasoning you could refinance that investment to take out your initial cash to pay down your refinance costs. 

This will make it easier at the end of the year for you to quickly determine what is a business deduction.Accounting Software Recommendations - Quickbooks(Desktop), Quickbooks(Online), Stessa, XeroOnline Storage to save receipts recommendations- Google Drive, Dropbox, Apple DriveExcel - to save information such as tenant name, lease start date, current rent, etc

It averaged $3,508/mo gross over the 6 month touring season and have renters moving in for the next 6 months at $1,825/mo furnished. 

In 5 years, I know of about 4 of our Storage unitsrented due to our U-Haul rentals.D.