Investment Info:

Single-family residence buy & hold investment.

Purchase price: $112,000

Cash invested: $30,000

Primary residence turned rental

Long term opportunity in phenominal location How did you find this deal and how did you negotiate it?

We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases.Now we syndicate larger self-storage deals and work with passive investors.

Don't get into a long drawn out - knock down & move the walls type of project as a newbie.  

That said if you're looking at buying or converting into a multiunit, you should be able to at least break even with 2+ units if you're looking at doing mid-term (saw your other post).

You can assume any government loan as long as you meet the requirements.

Before you have clarity in what you want to buy, I think you need clarity on what your goals are not just for real estate but in terms of how you want you life to look.

This is another area I don't focus my attention on - we buy/hold long term. 

Anyone know an option to get funds out of my STVRs on favorable terms? 

You have to be willing to play the long game and overpay with the intent that eventually after renovations you will take maximum market rent and turn a profit.