Appreciate your idea of the modine heaters to provide heated storage for the two vehicle rental as option for ATV, jetski or other toys someone may have.  

Most urban areas do not have parking requirements due to being near local mass transit (as though that will result in occupant not having vehicles).  

My bio on my page has more background information, but I want to get into real estate- more specifically multi-family as I know individuals in my home town that used this as a wealth vehicle. 

@Evan WilliamsYou can purchase real estate within a retirement vehicle. 

@Chris Utter I think I missed where you asked for: their income, credit score, current rental rate, how long they want to live at your property, what pets they have, which vehicles they have (and their plate no.) and an emergency contact. 

When you have equity in a property what you are doing is buying false cash flow at a very high premium due to the opportunity value of cash as a investment vehicle.

how about....EACH applicant income must be 3x, 4x, 5x, total rent.EACH applicant must have a credit rating of 800 or higher.Only one vehicle is allowed on the property, landlord uses the other spaces.That should weed them out.

General things to look out for per Fannie Mae: - Built on or after 6/15/1976 as evidenced by a HUD Data Plate and HUD Certification Label- Must not have been previous installed at any other site or location- Any outstanding vehicle title is surrendered prior to, at or post-closing if already real property- Minimum 12 ft wide and have a minimum of 400 sq ft gross living area.- The towing hitch, wheels and axles must be removed- The client must own the land, leaseholds are not allowed.- Must be anchored to a permanent foundation system in accordance with the manufacturer's requirements and must meet local and state codes.- If the property is not situated on a publicly dedicated and maintained street, then it must be situated on a street that is community-owned and maintained, or privately owned and maintained.

Also, is there a trick to being able to write it off as a business expense.It seems like covering your personal residence and vehicle would mean no write off for the policy payment?

The great thing about partnership vehicles is that you can dictate how profits/losses are allocated among the partners.