If so this is less interestng as depreciation seems to be huge.I see the night rental is around 100/120 USD where I live, most of the time with 3 nights min.Assuming it is rented once every other weekend this is ~8k gross.Deduct maintenance, insurance and storage, that would still ,ake it interseting, especially with the leverage @4% !

Hi everyone,My wife and I are purchasing our first self storage facility and are partnering with our friend and his wife.

It stands for Delaware Statutory Trust and is a trust / pass through entity in which a sponsor (think big real estate investment corporation) buys institutional property (apartments, self storage, commercial, medical office, etc) and then sells interest in the Trust/Property to investors.

As for the storage of your receipts, many of our clients use Dropbox or Shoeboxed.

I also had time to install flood vents in the storage area and scheduled an elevation.

I just thought of one more item that is important to mention is that if the person abandons the house and has belongs (stuff) in the house you need to find out what the law is in your area of how long you must keep those items in storage before you can discard.  

Purchase price: $1,700,000 Cash invested: $700,000 40,000 sq. ft. self storage facility in Dayton, OH with significant value add opportunity.

Examples include a tenant bill of rights, spreading fair housing committees to small towns, right to housing, regulating storage costs for tenants, restricting evictions.The CT Property Owners Alliance is trying to organize landlords across the state.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

Wish there were a few more options for sub-categories, but other than that it's great.I use Tenant Cloud for everything else with my rental business (rent collection, maintenance requests, listings, document storage, etc).