In addition the majority of the not so experienced are either out of state (OOS) or planning on going OOS.So I am not recommending against going to the San Diego BP social as much as 1) setting an expectation 2) suggesting you may want to go to a meetup maybe associated with an RE investor club.BTW there used to be a near monthly BP Meetup at various RE investment properties. 

Regarding Condo Exterior repairs, it is also common for a major repair to require additional funds over the HOA dues, so a Special Assessment is often levied.   

You should ask the bank first if they can provide additional funding, but be prepared to explain what happened with documentation to support it. 

If you're looking for additional safety, you could even split some of it to be invested into conservatively underwritten debt, so that if things go badly you can foreclose and recover some or all of your principal.

Hi Savannah - PM me your email so I can add it to our list.

But any additional positive feedback and tips are much appreciated.

My long-term goal (15+ years) is to have a portfolio of rentals for income, a solid retirement pool, and additional capital for investment to provide to the next generation of "doers" who want to flip or buy-and-hold.

Househacking can be a little complex for tax purposes.You have a primary residence in addition to a rental property.You are eligible to deduct direct and indirect expenses related to your rental property.Direct expenses can be considered items like repairing an appliance in the rental unit  or doing the flooring in the rental unit.Indirect expenses are items are items for the full house that you would pro-rate to your personal residence and your rental property.

You could always run your numbers at 5-10% below that ceiling and also factor in the additional carrying costs.

You may want to look into an accountant especially if your storage facility starts to hire employees or sell additional items like boxes and such.