This provides me some legal protection as well as tax benefits.It depends on the person, most small time investors should just put in their personal name as long as they qualify for conventional financing. 

The inspection showed   more issues than what we anticipated.

The key issue on all Self Storage is market analysis.  

The service has been excellent and I just had two items fixed that saved me a lot of money, one with a septic tank being clogged and some mold issues in a crawl space, saved a lot of money compared to other companies as well. 

You said: "I have no idea what I’m doing re: drafting said lease :)"That will be the most expensive lease you never paid for.Seriously, use an attorney for legal documents, such as leases. 

@Shawn ChervinskisSee Section 408(b)(2) of ERISA for more information on this exemption.The office space or services are necessary for the establishment or operation of the plan;The contract or arrangement under which the office space or services are furnished is reasonable; andNo more than reasonbale compensation is paid for the office space or services.Regulations issued by the Department clarify the terms “necessary service” (29 CFR 2550.408b-2(b)),”reasonable contract or arrangement” (29 CFR 2550.408b-2(c)) and “reasonable compensation” (29 CFR 2550.408b-2(d) and 2550.408c-2) as used in section 408(b)(2).

You might get lucky and dodge these issues, but I would expect these challenges investing in below C category marketsAll that being said, it’s still a solid producer financially.

No, you cannot require tenants to get rid of legal service animals as they are considered part of a legitimate disability and thus more of a device than an animal.

My grandfather took over the sellers mortgage as apart of the deal; the issue I am having is I found out that mortgage payments were stopped about 7 years ago.

No issues yet.