The sponsor received: - An Acquisition fee (1% of purchase price)- An asset management fee (2% of gross collected rents),  - Cash flow and gain on sale was split 80/20, respectively between investors and sponsors. 

I would like to know what self storage software is recommended and any other general advice starting out in this new venture.  

Time is our most valuable asset, not money.

I'm wondering what property management softwares people are using, what they like about the software and what they wish it could do better?

That officer did mention that "if we had an asset-based loan program, you would qualify, but we don't offer that".The only income on my tax returns for 2017 was the rental income, which started in summer 2017. 

And do not take that on in any form that attaches any asset except the asset you are borrowing for.  5.

However if the units are located in a bad neighborhood you will either net less money and/or have more work managing the asset and the tenant base.

She's supported my real estate efforts but doesn't want to be exposed to risk personally.How can I purchase properties in my name and assets alone and god forbid if I get sued keep her protected?

@Steve Vaughan  I think the reason they do is for some reason they believe what they hear that the way to buy rental real estate when you have no money.. is to wholesale first get some money then buy rentals.when in fact wholesaling or buying and selling deals quickly in any volume takes a lot of skill.. significant marketing capital.. and most of the time they are breaking the real estate laws.And you have all sorts of HOW TO trainers selling their boot camps and of course they lead with you too can get rich with NON of your own money..theoreticaly that's true.. but not really reality in the real world..not to mention some areas simply do not have enough distressed real estate to make it viable at all.other areas like urban cores and cities that have seen hard times much easier to at least snag low value assets no one wants.. much of this is done is rough areas.Granted there are always hoarder houses and other fixer types in the nicer areas but its uber competitive for them.. and generally there is not enough profit in them to feed all the mouths.the wholesaler the buyer the buyer having to use hard money the contractor sales cost etc.. that in my mind is why you see so many post about HEY wholesalers don't know what they are doing..

You may run into minimum value/loan amount issues but with your liquid assets you have lots of non-bank financing options.