What this all means is that if you are close to the edge, you either need to put more cash in to lower your payment, or reduce some of your other payments (car loan, credit cards), or make more money - for example, take a second job until you get through your loan. 

Make sure the title company understands what your intentions are and how you are being paid your assignment fee.This is a great business, but be careful, you are dealing with sellers who usually have problems and outstanding liens not disclosed to you.As a Baltimore auctioneer, you may want to research public auctions, call on expired listings and run ads to find that great equity based property that will put lots of cash in your pockets, so have some BIGGER POCKETS.

That way I could occupy one of the units at a reduced rate while saving money for a down payment on another property.

But if you want to reduce your taxable income on the Self-Storage Facility, then pay your management company somewhere around 7-8%. 

It captures higher rents and reduces service calls.  

These will likely seem crazy to you, but they are interesting to read, and you can see how adjusting your lifestyle can reduce the amount of time and resources needed for you to escape your work.I also second the idea of working to make your job more tolerable.Third, when you are looking for partners, Dave Ramsey's advice is to look for people who have the heart of a teacher, not the heart of a salesperson.  

While the 506c  certification is a pain for all involved, it does allow the platforms to advertise and it does allow for the open discussion of the deals outside of the portals.506b deals are easier to make the investment, but they do not allow any public discussion of due diligence materials and the portals will not even let web sites discuss returns after they are funded.  

I am not aware of it being confidential unless you have agreed to those terms....maybe a pm can chime in...But a clever person may be able to get your name and contact info through an assessor database or other public source ..As to your question, I find tenants that leave owing you money tend to have just the opposite reaction (more flight than fight)..

I don't want to put my kids in public school; I want to teach them myself, the way I learned.

Yes, interest is a tax deductible expense within limits.IRS Publication 936