What are your thoughts on investing in a more affordable options like condos or townhomes in the area?

SDIRA Wealth is worth checking out and you might find them to be a suitable option based on your goals.

The market here is obviously tough (and we'd like to invest here or nearby for several reasons), but we have heard about second home loans that have more favorable down payment and interest options which could increase our buying power and allow us to cast a wider net during our property search.Understably this type of product would have to pass the sniff test.

Nonetheless, traditional financing proved to be a reliable option.

I'm trying to figure out on the naming of this facility as this is going to be much more then just simple self storage and would appreciate some thoughts as some options I'm thinking are     as some keyword and then followed by  storage and yards or should i leave the yards out . like :   safe storage and yards    american storage and yards 

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

I was starting to look at this as an option.

Consider targeting properties that have the potential for appreciation in value, as well as options for utilizing tax-saving strategies such as cost segregation and 1031 exchanges.

., is also a plus for potential renters as there is a demand for more affordable options compared to the surrounding areas.

That way you provide home ownership options along with rental options.