Fannie Mae will allow you to transfer the deed to an LLC if you decide to try to go the conventional route, but the loan would still be in your names and you'll need to pay a title company a second time post-closing to do this  for you. 3) I can't speak for the area so no comment there4) If you're self managing, make sure you find vendors you can trust in the area since you won't be able to easily verify if an HVAC guy, plumber, etc. is trying to rip you off and tell you to buy something you don't actually need. 5) Make sure you have clear alignment of goals and a clear operating agreement that spells out what to do if those goals start to not align in the future since you'll be jointly obligated to these properties. 

There is typically one or more heir that feel he or she deserves more then all the other heirs because the took care of auntie or uncle and  hires an attorney to contest the probate.  

Curious how our self-managed 3-unit STR/MTR performs with industry expectations.

- Value add - What other types of value add is typical for self-storage?

One landlord told me they "may" lose sec8  and in a state like Massachusetts they may also not so they might not be sufficiently afraid of losing it to feel they have to move.Also, in NY I see advertised things like "No section 8".

Industrial buyers probably didn’t like it because they didn’t want MHP and self storage and vice versa.  

I feel awful for you man.

I can feel that you have embraced the move and change. if you want to meet some local investors there is a meet-up next Tuesday. it's posted in the classifieds.

As first-time landlords, we considered self-management, but as new parents who work full-time, we decided that hiring a property manager would be the best option for long-term rentals.3.

It offers a modern look, makes spaces feel bigger, and is easy to clean.