I just wanted to send out a quick note to see who are my fellow self storage investors on this forum?

Are you trying to deter theft, vandalism, other crimes?

Another option here could be to buy down the interest rate a bit. 

It's important to always put the real estate first. 

@Dan Dares TMYou can use your familyMember but they will need to be a part of the deal and the bank will most likely want them to personally guarantee the loan.

Prior to pandemic we used it a lot for ourselves and did AirBNB which was a gold mine for the 90 days that you are allowed to do it in the city.

Also if it is intended to possibly be a rental you should calculate the end result of the acquisition, the debt service, the rehab, etc and pretend to get a loan to refinance. then look at the potential rent to offset that monthly cost and see if it would cash flow.

I worked them, remodeled them and made very little money and eventually sold them for little to no profit.

However, if you have conveyed the information to them via some type of written from.. that is a good option to leave it to them on what their choice is and move.

I am new to real estate and I would love to hear your favorite strategies for finding distressed properties.