Quote from @Sara Donohue: I don't know your market, your skills, your goals, etc.

I know the market had priced in a .25% drop into loans for the last few weeks maybe a month.

Professional marketing What was the outcome?

Do you and your wife stay in one market or do you move around often?

As I’m not very familiar with the US market, I’m doing my own due diligence.Any thoughts or advice on these markets or others I should consider as well as any other considerations? 

Short answer is as little as possible.The long answer is it depends on the deal.Typically you end up in a subject 2 situation when the current owner has little or no equity in the property, the current advantage of subject 2 properties is that most mortgages are below current market rates.Keep in mind when acquiring a property subject 2, in most instances you are not notifying the current lender of the change in ownership, and most if not all mortgages have a due on sale clause, which is the lender's decision if they want to enforce it or not.I personally like the idea its a great way to get investment properties with low rate loans, that with most likely appreciate in the coming years.

If you don't have an appraisal and cannot rely on the county website then speaking with an appraiser sounds like your best option to get an accurate valuation.

I’m an investor with capital and was presented a potential deal to purchase an off market 83 unit self storage facility.  

You can also search on their websites to see if they post info.Watch 3 sales before you ever bid. 

Glad you're looking into OOS in more affordable markets.