Maybe from an asset based lender, or a private lender, just recognize the rates will be a lot higher.

Hey Harit, I am based out of Columbus.

But it does sound like they aren't taking natural wear and tear into account and are possibly going way overboard. 

All of those things, unfortunately, increase during a recession, providing a safer base case for self-storage than some other assets.

I want to run by the biggerpockets world a potential new model I’m working on and I want to be clear this is not intended for self-promotional purposes or necessarily even something I will enact (i’m not even totally ...

Quote from @Uzziel Cortez: Hello everyone,I am 31 years old and finally ready to dive into the deep end here.Looking over the strategies I think I want to start with Out Of State MTR / LTR strategy.My though is travel nurses or university students will be a good market / consumer base to tap into.I live in Orlando FL but looking at lower cost markets such as Texas or Indiana.Looking forward to hearing any tips yall might have for me.Thanks Welcome aboard.

You can find a company that doesn't have a high spend/volume requirement and flexible pricing options based on your needs.

It sounds like you have a solid plan in place, and I'll provide some insights and advice based on your questions:Maximizing Investment Longevity:It's a smart move that you're house hacking with an FHA 203K loan, remodeling for appreciation, and then refinancing to extract equity for other investments.

Do you have a US based bank account?

After ten years compounding at 5% that amount would be worth $1,348,602, which would really be $1,256,344 after accounting for LTCG @ 15% (1,348,602-733,500 * .15).Final amount for condo conversion: $1,256,344Pros: After money is reinvested, passive incomeCons: Taxed twice, once on sale, once when investments are sold, no real control over money once investedScenario 2: 10 year holdI pasted my numbers at the bottom of this post so it's easier to see, but my thought process was as follows:1) Calculate value based on reasonable appreciation trends, plus cash flow.