Do you just tell the tenant that you have a space they can live on the cheap, no credit check, no background check, LL can raise rent whenever he/she wants, and you need to leave with 30day notice?

The constant issue I have is unlocking & accessing this equity, preferably through an equity line of credit.

If any of the renovations to your rental space in the house were done to make the property ready for a renter, then those costs are also capitalized, not deducted. 

Overall the house has great bones but it will take a few grand to complete the punch list of items needed to remedy: radon mitigation, surface mold in attic, slight leaks at a few easily accessible spots in the roof, electrical service work.

Designing waste coral in tight space.

Industrial property with several thousand square feet of vacant space that could be used for development. 

Perhaps businesses would be better served by this kind of storage as they don't care what it looks like, just whether or not it is safe and accessible.Think of your customer: if you are Joe and Jane Smith looking for a place to park your prized 1968 Camaro-SS, do you want a traditional, climate controlled roll up door that comes with a paved parking lot, security cameras, high fences, and 24/7 access, or do you want what amounts to a metal box?

The way I made the numbers work is something you might consider a "lopsided" house hack where my space is a very modest 1 bed apartment/mother-in-law while the rental portion of the house is a 3/2. 

This is the webpage I use to get my free probate lead list: https://adtech.dailyjournal.com/legalAds/Unfortunately this page is accessible for certain counties in CA.

My dad showed me these fake lenders when I first got in the business in the 70s.. its been going on for years.. none of this is new.. whats new is the access they have to people via social media and internet..