It is fairly important but out of your hands how the neighbors receive you but especially self managing you will want 1 or 2 neighbors on your side.

I've been having this conversation lately with a lot of the owners I work with as well as those who self-manage.

A lot of people think that they will gain "experience" when they self manage.

Was asked in a DM what I thought about a specific Self Storage Syndication, so reposting here.Note:  We buy and develop Self Storage. 

Mark my words though the 2020-decade will be as transformational, transitional, and pivotal as the 1940s.Bottom line--appreciation is where the money is made, consider cash flow a defensive play and way end of the chain of the reasons to invest in physical RE.

I'm rolling over my 401k into a self directed son and may go into notes.

I would consult a real estate agent or property manager on the price for the rental even if you plan to self rent and manage.

And you can self-manage, which you should absolutely do for both your cash flow and your education!

Save for future expenses, especially if self-employed6.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.