To answer your question, no I do not use a PM, I've been self managing for a few years.

- Value add - What other types of value add is typical for self-storage?

The information contained in this post is not to be relied upon.

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

Our lease contains a clause stating that any unpaid debts will be turned over to a collection agency and the debt can be placed on their credit report.2.

I've got a long term tenant lined up & the unit is a non smoking unit, which the applicant is aware & fine with for indoor.

If the people running it are self serving, that will show too.Based the on the leadership or lack thereof, REIAs may be sales oriented, education oriented, a nest for sharks, or someones personal ego outlet.

I encourage you to consult with a qualified attorney to ensure this agreement complies with applicable laws in your area.

Self storage and country subdivision lots.  

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).