The place was listed for $280k, and they bid 290k (it's a hot market right now) and their bid was accepted.

( not trying to scare you ) that is also why you factor in vacancy in your numbers, to have that reserve just in case you do not have a tenant. if the rental market is hot in MA and that's what you are looking to do, then there is nothing wrong with investing there, do not get caught up on appreciation of property ( it's great if it does) but focus on cash flow.ADVICE: the money figured in your calculations for vacancy, CAPEX, and maintenance, should always be put aside in an account for what they are figured for, treat the properties as a business, and that's your backup for emergencies instead of going into dept more for a loan to do work, etc. because the money was spent.Always have reserves for emergencies, a lot of investors get into trouble with that because they spend the money they get and do not have it when the time comes. 

Maybe they leave message and start researching, and during the time that i haven't called back they wander on to someone elses website.If I have an answering service, I can lock in the attention of the "hot leads," by getting them started in the process by the service asking my list of questions.

In hot markets, everyone is pro leverage and I tend to play it conservative.

Storage is a very hot asset class and there is saturation going on in many markets that is resulting in lower occupancy and concessions.  

Now, the management company wants to fine me for going over our move-in time slot (which is loosely stated in the rules, but not the point).  

The market is Hot here and the city and counties around are growing rapidly!

It has become a hot topic so now it seems there are more and more stories.Nashville StoryThere was no outcry from neighbors when Home Exchange began.  

I was very specific that I do not think it makes sense for somebody with a free and clear property in a hot market should go down the DST road. 

Just had my home inspection and we found out that the owner was paying for the water/sewer/hot water for both units.