Has anyone successfully purchased self-storage units using their Solo 401K?

Deals like you describe are typically aimed at newbies that don't know anything about reality.Often, you're being sold a Class C or D property that's using Class A or B numbers.You don't find out until after you buy these properties that: The tenants aren't performingThere's a lot of deferred maintenanceTenants are trashing the propertiesThe tenant pool is NOT what you thoughtRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Looking to purchase my first home and was initially going to go the traditional fixed rate mortgage without buying down points with the assumption rates will go down in the next year or 2 and I will just refinance.

I'm new here and just purchased my first investment property in Ohio. 

I bought the building, land, and business all in one purchase.

Purchase price: $640,000 This is my primary residence.

@Riley Schaefer is a good example of one of our investors that has bought with us for years and has had a good experience purchasing multiple properties.

Those are numbers that should have been calculated before purchasing the property as a rental. 

Example:Mortgage approval up to $600k20% down payment = $120kClosing costs = approx 1.5% $18,000Furniture costs approx $30,000 based on $20 per footv at 1500 sqft homeMoney partner agrees to contribute all necessary cash approx $168,000 to purchase and set up STR. 

I purchased the property with a combination of cash and a HELOC.