It depends on Johnny's tax rate, and how much employment income he already has. 

Hello Storage Facility Owners and Operators,I'm reviewing the financials for some properties and seeking your collective wisdom on the operational benchmarks for running these facilities efficiently.We understand that, on average, total expenses for a well-run facility should equate to about 35% of the Gross Income.

In case of foreclosure a Judicial foreclosure is required. 12 months seasoning is required for seller to get 75% credit for note income.

I’m thinking my split on a 20% fee of owner’s STR rental income would be 75% + a finder’s fee for new clients of $1000 or 1% of first year’s 20% rental fee (whichever is greater) + 90% of the $1500 listing setup fee which covers all the work of creating the listing, coordinating the photography, on-boarding to channel management and dynamic pricing software + referral fees on rental properties that go to list.

How does a rental income of 1% of the purchase price equate to the property being a good investment? 

I have seen many rent a broker.. you can do that to get started while your working on your own brokers license. this is usually someone retired or semi retired that wants some extra income.

., Income minus expenses equals bottom line per building, unit, property.Then you will set them up again, but this time in the Customer Center as a Customer.  

Can you qualify for a mortgage with income, assets, credit, and a property that can be financed?

I have a good amount of $ saved up, but since I no longer have active income, I need to create that to get started on my Journey.

Basic your business model on short-term rental income is risky in that, over the 30 years, regulations can and do change (not to mention oversaturation resulting from the high interest rates pushing investors to rent short-term to try to get any sort of cash flow).We have the same situation in Canada (less the 30-year mortgages) and that's one of the main reasons, aside from profitability, why I invest overseas like in places like Mexico where there is unlikely to be regulations anytime soon, neither at the governmental nor at the HOA level.