@Eugene Lee  those rules were spawned out of the Great GFC... not germane to todays markets in most areas.you can though still buy in areas were there is more housing than people to use the housing and find those rules apply and even more.. those are what we call cash flow markets that's all they are all they will ever be ( in most likelihood) so if your going to invest there only reason to do it is to hit those 2% or better metricswhere we reside on the West coast we generally look for break even and make our big bucks on having our tenants pay down our debts and of course appreciation... you have most folks that live in the non appreciating markets and their mantra is  ( cash flow cash flow appreciation is only luck its not investing  LOL)  and you have those that have gotten stupid wealthy buying west coast assets that double or tripled in value in a 10 year time frame.. take your pick..

I am trying to find something that is flexible and does not take my body full time.

Originally posted on May 27, 2016: "So I've been silently stalking BP for self-storage guidance for a few months and it's time to break the silence.

The CMA spreadsheet I am using breaks down to the adjusted $/sq. ft.

I don't want to settle for breaking even on my first, but I won't be entirely disappointed if that happens.

I'll make improvements over that time and hopefully sell it for a profit or a least break even.  

Is there a book, blog or spreadsheet that you can share which breaks down how to do this accelerated mortgage pay down strategy?

(I've been reading the forums for the last week and am finally breaking the ice by asking a question...this is exciting!

In this case it's my thought that having a mortgage on your primary residence gives you a $0 tax break because you could just take the standard deduction.  

I receive a call on the 14th and the lead guy let me know that one of the friends had died and they wanted to break the lease agreement.