I'm interested in a home that sold at auction for 38K last week, the current appraisal is 76K. Known needed exterior repairs are approx. 5K, inside unknown as there were no viewings. It's a brick home built in 1977. I...

Not ideal... but this kitchen was a real bear to lay out...

New construction is a team sport and the folks who play in the space have squads they consistently work with.

Could be via stocks recently sold or an asset.Hard part is making sure you can improve/add to the existing property or a development is more ideal.

Up until yesterday I've always thought it was ideal to split as many utilities as possible, always. 

Ideally, that lawyer should know a thing or two about asset protection.Is the attorney suggesting an Anonymous Land Trust (AKA Title Holding Trust)?

Ideally, you would subdivide the property so you could have two legally platted lots. 

First of all, having your own cash is ideal and certainly the cheapest financIng option , but if you don’t have it there are several ways you can finance a rental purchase with other peoples money.

Obviously the Facility you're contemplating is not going to throw-off that amount.And yes, you can certainly use software to assist in the management and as Michael suggested, Easy Storage Solutions is ideal for a small facility, plus they have "add-on's" e.g.

Typically, most landlords don't even both screening their tenants...they just accept their money, tenants move-in and then out again within six months.So, not ideal - but that is the situation on the ground.How do I protect my investment as best as I can, given the tenants I am likely to have to work with?