i.e. sites like Fundrise where you can invest your money without being hands on.

I looked into Buildium per recommendation from this site and because it offers residential and commercial properties (which is needed).

(the down payment is completely relevant to the seller)Interest- 7% is pretty standard...it's a premium paid for consideration in carrying the noteAmortization- 30-years is typicalPayment- I would look for the actual P&I based on the amortization schedule, but again, this is relative to the sellerBalloon- 48-60 months is common, and this is completely up to the seller as well (If sellers are leary of the time frame, I always agree to attempt a re-finance sooner...but no guarantees)Some extras:I always pay the listing agent's commision based on the transaction price...otherwise, you can structure a partial commission the first closing and a second commission when the balloon is due...waiting 48-months for the rest of your commission is crazy, thoughWe pay all the doc prep fees (note/mortgage/amortization/assignments/personal guaranty) Typically around $300, so not bad.- use the attorney at title and add it to the HUD-1We use a clause in the note that waives the right to defend a foreclosure in default, so the property returns to the seller without contest (varies from state to state I imagine)We also pay the sellers closing costsAll of this stuff is negotiable...you can always push things with these...like lower the down payment and have the buyer pay all your clients fees and your commission, etc.Give me a shout if you want to chat more about this topic.

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

Your advice so far definitely has me on every real estate site and google working hard to figure out how to best go about this.

As for 2 beds apt, I’d rather go fOR a large complex with on site management.

This resource may be worth a look. 

If I should come across some new information or ideas that might be relevant, would it be possible for me to get back on your schedule for a brief followup chat?"

Loved all the insight I have read on this site. 

Glad to see you're reading the quality books on this site!