Seems to me this would be a good way to know with a degree of certainty what your project will appraise for.

“We have been getting a lot of questions about [section] 1031 exchanges, and we are working on FAQs that will help explain what the relief is there,” Jennifer Auchterlonie, special counsel to the IRS associate chief counsel (procedure and administration), said April 14 on a webinar hosted by the American Bar Association Section of Taxation.According to Tom Greenaway of KPMG LLP, some taxpayers are confused about how the expanded relief provided April 9 in Notice 2020-23, 2020-18 IRB 1, applies to the deadlines for complying with the 45-day identification period and 180-day exchange period required under section 1031(a)(3) and Rev.

Sorry about your situation.I own condo units in Michigan, and while Michigan has yet (to my knowledge) declared any sort of pest (mice,roaches,bedbugs) definitively as an issue of 'landlords at fault' or 'tenants at fault' I have generally taken it upon myself to deal with the issue and, depending on the issue, trickling any associated costs down to the tenant. 

They get a check like clockwork every month and passive in nature.Self storage is active yield although to a lessor degree than some other asset classes.A lot of people think retail is hurting across the board and it is not true.

Also, consider focusing your degree in a trade like construction, engineering, HVAC, etc.

But it's exterior and interior show the neglect to a depressing degree.

As for my background, I have a Bachelors degree in Urban Planning and I also have my Masters in Architecture.

HI and congrats on your decision, learn a lot from here join some of the local meetups (now Zoom) get yourself a good group of trades men like plumber, HVAC, electrician that will be the most important, mortgage broker ( don't depend 100% on banks) and like Carlos said a good home inspector, you can find some well train at Internachi.org or ASHI, this are national associations and have a very good requirements to be one.

State landlord associations are critical to standing up for owners rights.

It should be noted, all these numbers are just to show an example, I have no idea what storage units rent for in your area nor the expenses associated with the subject property.Is there any reason all 36 storage units are vacant?