And lastly, you gotta live like a college kid.

If you're looking for additional safety, you could even split some of it to be invested into conservatively underwritten debt, so that if things go badly you can foreclose and recover some or all of your principal.

In the end if you get a bad enough tenant maybe you end up flipping a house anyways...just kidding. 

Hi Savannah - PM me your email so I can add it to our list.

But any additional positive feedback and tips are much appreciated.

My long-term goal (15+ years) is to have a portfolio of rentals for income, a solid retirement pool, and additional capital for investment to provide to the next generation of "doers" who want to flip or buy-and-hold.

I’m 37 and I still look back at the way it was when they first started building when I was a kid....man times change.Anyways, if you are looking for a safe rental, look inward towards Baltimore.  

Househacking can be a little complex for tax purposes.You have a primary residence in addition to a rental property.You are eligible to deduct direct and indirect expenses related to your rental property.Direct expenses can be considered items like repairing an appliance in the rental unit  or doing the flooring in the rental unit.Indirect expenses are items are items for the full house that you would pro-rate to your personal residence and your rental property.

You could always run your numbers at 5-10% below that ceiling and also factor in the additional carrying costs.

You may want to look into an accountant especially if your storage facility starts to hire employees or sell additional items like boxes and such.