He owns his own contractor company and property management company and has done about 30 of these small house deals in the Peoria area.Pros I can think of:Can start right away instead of doing more study/gathering deals over the next few months (might run out of steam and never start)Gain a mentor, learn, networkThe details of the deal are easy to understand and the variables are all well knownSince the house is only 20k, if market crashes it won't really matter as long as I have tenants paying rentNot paying as much interest compared to a 30 year loanCan still try running deals in parallel if wife and I sell current house (~30k equity and can't rent out due to HOA rules) and house hack or make another investmentLender currently owns the house and is placing the tenant now, no worry about a vacancy period to beginNo startup fixes/rehabs neededThe major con to this deal I can think of is it will take away a lot of operating $ we could be using for other opportunities in the short term ($16k in 18 months (25k minus $9k NOI).

Rads may also be compromised especially the vent valves depending on steam vs hydronic.

fbclid=IwAR2QSmsgNKims_N1Yp...This would expand Louisville's footprint and steam growth.

Literally steam engine technology.

That is like saying go fetch me a pail of steam lol best of luck 

Its called "All things self storage" and though i lost steam after only a few articles, I think you might find some of the info useful as you explore this niche. 

With all of this behind us we live full steam ahead towards cash flow. 

I assume this is hot water and not steam. it probably just needs to be bled again - air can get trapped in the system and continue to show up for awhile at certain radiators. its also possible the water pressure in the system is too low if it is manually controlled and not adjusted after bleeding the radiators. this can impact upper floor radiators.  

Tri-cities is really picking up steam as a great area to invest but right now its still up and coming, at least for those prices.

The heat at one of my units has been wonky -- its steam radiator heat with the old-school upright radiators, and some were giving off great heat and some were not.