What is your prediction on rental rates and multifamily property values in your market over the next year? 

You can usually get this done pretty cheap $50-$100.

Personally, I think this state maybe the best place to get started because houses are so cheap here.

I'm in the position to apply(depending on lender DTI requirement) for conventional financing through the builder at <6% interest rate in this current market.

Storage occupancy rates during past recessions has remained relatively stableFor example, during a recession, when folks downsize from a 3 bed/1 bath to a 2 bed/1 bath, those people, historically, keep their belongings and put them in storage.Also, during inflationary times, self-storage operators can better manage rates because most leases are month-to-month.

Its certainly hard to cash flow significantly in the current environment (high rates, high values etc) - I tend to think though that just "doing" a first deal even if it doesn't make too much is valuable versus getting stuck in analysis paralysis - the learning from the experience of actual doing it generally is 10X + even a ton of courses, info, spreadsheets etc

If the last number in the column makes you smile then you do it.This applies to foundations, total guts, interest rates....everything about RE.

I've thought about buying on the high end of what I could afford (in highly desirable areas) in the hopes the property values will climb.Should I forgo financing entirely and buy something "cheap" that I can pay in cash or take a minimal mortgage on?

The ARV would be 780K at a 8% cap rate and I'd have a government contract to rent the units out to vetrans.

Hey everyone, as I'm sure you all know, it's hard to find properties that cash flow (or really even come close to 0) with the traditional 20% down and 7% interest rate that we currently have.