If you care to make this shiny object of storage any shinier, shoot me a PM and I will gladly share some free resources that new storage investors usually find valuable.Mike

I am a student in university, fairly new to REI and busy learning about my local market where I plan to invest.I am in the process of saving for loan down payment since I aim to first acquire a rental or more ideally do a house-hack when I am able to qualify for a loan (I have not researched private lending yet - any tips would be welcomed for financing options).I have a semester break coming up in which I hope to go out and get a feel for the Cape Town market - open to anything.

This encourages them to pay the last month of rent and leave house clean so that they get their large deposit back.If they get behind or break the lease, this extra helps offset what they owe plus any damage or cleaning you have to take care of.It is a small percentage of the time that someone turns in a 30 day notice and leaves the place clean and undamaged to get their deposit back.

I'd get actual numbers where possible like on taxes, insurance, utilities, yard & snow removal, etc then add 18% if hiring a PM to 'take care of everything.'

Anyone who purchased in that neighborhood OVER PAID and didn't care. 

They take care of cleaning, marketing, reservations, etc. 

I really appreciate any tips or wisdom you’ve got while working in the business.

Any tips to help my search in finding 7% plus cap cash flowing place?

Ive also chosen at times not to purchase it, but Im also in a financial position to be able to take care of the costs involved with fixing a title problem.

The Lift The Ban group has paraded folks who've lost their rentals due to health issues, old folks who couldn't afford their rent in "their" neighborhood anymore, and a whole crowd of people in similar situations and things that have nothing to do with the cost of rent across the market.