Hi, my partners and I have recently purchased our 1st storage facility.

Unless you are flipping and you are confident you can sell, loans have a "seasoning period" of usually 6 months, meaning that you can't take out a new loan or refinance within that period.

Nightly rental rates change quite a bit depending on the season.

We are presently seeing the normal seasonal slowdown that happens this time of year (we didn't have one last year). 

Is now a good time to invest in Self Storage, looks like it is saturated?  

Only one is specifically about storage, though.

Additionally the rents are so low that it's difficult for the properties to pay for basic maintenance or necessary capital expenditures.If your price range is up to $2 million I'd either look for smaller properties with fewer units, or shift over to self storage.

I am in the process of building a vacation rental on a four season resort.

Remember, this is lenders' slow season, so they will have time to answer your questions and help you formulate a plan.

@Andy AcostaThere is typically a 6 month seasoning period on a new mortgage.