East of Everett is much better than in the city, which is in the early stages of gentrification, with a lot of inexpensive SFR rentals in tough shape.

At this stage of my career, $50/hr is pretty generous!

Anything else is a pig-in-a-poke.Take a short trip to Vietnam and note that they are still at the motorbike stage of development.  

We can exchange ideas and maybe arrange to have tea/coffee in the future.BREIA is going to be your best place to start. 

The rule says you are suppose to take 70% of ARV then subtract out your remodeling costs.The 30% comprises of your profit, commissions, closing costs, inspections, appraisal, holding costs (taxes, insurance, utilities, landscaping), and staging costs.I've found that in my market and price point, the properties I aquire meet closer to an "80% Rule"

You are setting the stage to have options...which is what most people truly want. 

Others offer no discount on rent and just talk to people and the tenants and tell them their will need to make other arrangements themselves.Since this is a new purchase I want to set the right tone and not go in looking cheap but also not giving them complete control over what happens if I go with option two.  

There are not many comps to choose from.Should I write an offer include a few out clauses,  contact a local realtor and see if we can work out some kind of arrangement.  

I am in the very beginning stages, mostly learning from you guys on the forums and podcasts while saving up some money for a first property.

As someone who is in the beginning stages of looking into self storage as an investment myself, I will be following this thread.Thanks @Serge S. for starting this.