@Kimberly McCall hi, welcome, @Dan Gamache numbers provided above are statistically accurate.One thing that I should mention as an alternative, if you own your home, is a HELOC.

Instead, I buy all the materials, get them onsite, and ask someone to come and do the actual work.  

If you had to use an alternative income documentation loan, or another type of non-QM loan that allows some other qualification such as shorter time from foreclosure or bankruptcy, then having a DTI over 43% or over 45% can affect interest rate.  

I see there's different materials, gauges, installation methods.

LED lighting is an alternative for your parking lot.

I'm studying concepts and the lingo of real estate at the moment and look forward to learning the math, law, zoning, and anything that has to do with the cost of building materials and labor in the Seattle metro area. 

I have a due diligence period to walk the property and back out for material defect/problems.In this way you only need to walk through the one property.

So you end up paying a premium for corrugated metal sheeting as your exterior material but with the catch that you have confined yourself to set dimensions of the container. 

And if you're not wanting to be a land lord any more then a move to something like a DST (Delaware statutory trust) or Tenant In Common (TIC) give you an alternative that provides well within the same returns as your index fund these days while still maintaining the tax deferral of the 1031.

I am in marketing and I can get the materials and site to sell it, just didn't know of any other pitfalls/heads-up to look out for.