I ran 19yrs with 3mo lease carryover m2m and most stayed multiple years - - one even 8yrs.You problem is not the length of the lease but the poor quality of tenant screen.and btw: 2/1 apts rent at 1000-1500/mo and in hot areas like SF, 2500-3000/mo. 

So I ran down into the basement and shut off the water main.

I ran numbers, and it seems that it increases risk exponentially in the short term.

I ran numbers on if I sold it and repositioned that equity as a 25% down payment on new property.

@Rashard Alomari coincidence that I ran across this thread. 

Reading books and blogs, interacting with other investors/mentors (both local and not)2) Research and purchase my first rental property within 3 months (with a preference for a duplex or triplex hack)3) Generate a smart portfolio of rental properties that reaches $5,000 in monthly cash flow within five years.4) Achieve a net worth of seven figures through organic real estate portfolio equity (ongoing).Life Goals:1) Lose 20lbs before February 1st  (Thanksgiving has lit a proverbial fire under me)2) Improve my softball swing during the winter in preparation for next season3) Ski Jackson Hole within the next 3 seasons (it's next on my hitlist)4) Achieve a comfortable living with a satisfying work/life balance (this is vague, I know, but I believe this vision will become clearer if I know at least what direction I'm steering)I appreciate any and all input, any stories, wisdom, pitfalls, triumphs, critiques, and opinions as I set off (and throughout) my journey.

I have included the image of the BP calculator I ran.  

I ran into a situation where I'm trying to sell a unit and the HOA held up my sale because of a reserve they couldn't meet

Except maybe a real estate license as the only differentiator there...I'd be looking at several grand in expenses and then ongoing commissions (I know some do flat rate, speaking in a general sense), simply for a broker to manage some paperwork.

Mike Wagner provided some great advice on going after turnaround projects, and yes, if you are looking at developing a site with containers, it all starts with a feasibility study by a qualified consultant that is in the Self-Storage Industry.