(Edited to add clarity: We are not local to the area so we will need a property manager)I am also interested in a cost segregation study.

Case study:1 of my personal downtown units is booked 60% (18 days) while the market is 29% (8.7 days)This unit is 3 floor walk-up with no parking so I keep it at the lower range price-wise.Property ADR - $121Market 25th percentile - $139Market 50th percentile - $162Market 75th percentile -  $191Assuming they are all getting 29% occupancy vs my 60%, revenue is as followsProperty Revenue - $2,178Market 25th - $1,209Market 50th - $1,409Market 75th - $1,661In fact, to hit my number at their rates, I'd need the following occupancies.Market 25th - 52%Market 50th - 45%Market 75th - 38%I'm just trying to find that balance.

Having a well-maintained property will also reduce the vacancy period.

AND you must maintain adequate reserves to take care of the disasters that may happen.Most of my clients fall into the first group above.

Tomorrow (Thursday, Oct. 21) the Real Estate Study Meetup for Millennials is pausing their usual weekly online  meeting to attend the Northern VA Open Networking event at Ono Brewing Company in Chantilly.

If your rentals are well maintained, you'll get better-quality renters, they'll make more effort to maintain them, and the tenants are more likely to stay longer.https://www.kcur.org/news/2021...

I've been reading every book I can find on Amazon or at the used book stores, listening to countless podcasts and studying real estate vocabulary and strategies.

My PA LLCs are much cheaper and easier to maintain, plus not needing an out of state registered agent, etc.  

I don't think it would be very easy to self manage this many while maintaining a full time job and normal life.

If you're wanting to develop Self Storage, eventually you're going to need a Feasibility Study.