Hi Paul, You can use an SBA loan to purchase a self storage building as this type of asset is considered a business. 

Get out of Calif rental business. 

However, a common theme I hear when I ask them how they got into this business - they didn't know enough to be really risk averse. 

I'm the opposite....I jut plow ahead and get myself into trouble :-)My business strategy is 'paint yourself into a corner and figure a way out'.

I was advised to use a business account as opposed to a personal one for this purpose.

I am a Real Estate Professional who bought a Property Management Business a little over 2 years ago.

I can confirm that this description hits the nail right on the head.My Technical Expert traits have been fundamental in allowing us to steer Rentwell through the unpredictable nature of our business.

We'd like to seek a construction loan to complete the build of our new home - does anyone know if a typical real estate rental business plan would be sufficient to show potential income increase? 

In Tampa it's common to find an entrepreneur that is running there own business and this allows me to verify how much cash they have on hand and assists me in calculating their debt to income ratio.3.

And being a HML is a business venture!