Purchase price: $275,000 Cash invested: $120,000 22 storage units and 1 apartment.

Just last week an incredible property manager spent several hours teaching us all how we could feasibly manage properties ourselves, thereby not needing her services. 

If you're in a market with landlord friendly laws and a low rental supply C class assets suddenly become more feasible as well + they're higher yield! 

Sales Rules: 1) $5000 non refundable to lock contract down2) No feasibility or option period offered, please do all feasibility prior to contract assignmentReally interested, but not sure if it makes sense to do.

Rest assured people have made millions running cheap house rentals you need to ask yourself “ is it feasible for ME to do it “

My job is stable and I have growth ahead of me but may also want to utilize my masters degree and branch off on my own - I've done a fair bit of ready on LLCs, Note Investing, and commercial RE/self-storage.

I'm not sure what a LUST costs to repair:  Leaking Underground Storage Tanks Corrective Action Resources

The area is in need of retail, grocery, car wash, storage facility. 

As a backup, my parents have offered use of their RV if things get unlivable for a period of time (win-win since they won’t have to pay for storage). 

There also is an accessible basement that is currently not used - so there is an opportunity to add tenant storage and coin-operated laundry.