Your desire to ensure that you are making the right decision and to request additional time to review the property are reasonable steps, especially given your relatively new status in the field.

Additionally, seeking mentorship can provide invaluable guidance as you navigate this new venture.

**BroadRange Storage & Yards**: This name directly communicates the wide range of storage options available, including the inclusion of yard space, making it clear to potential customers that whatever their storage needs, your facility can accommodate them.Including "yards" in the name can be beneficial as it directly communicates to contractors and businesses that you offer the outdoor space they might be looking for, in addition to traditional storage solutions.

I’m in the process of finishing the basement and adding an additional 2 bedrooms and 1 bathroom.

Real estate can provide a more tangible asset and potential for rental income, but it requires more management and can be less liquid.

While still technically in slight seller’s market territory, inventory is well above extreme lows seen in recent years when inventory fell below 1 month for a sustained period.Here are the full stats for Austin and the greater metro:A 30-year fixed mortgage is sitting around 7.3% interest, which is the highest it has been in 2024 thus far:In addition to interest rates increasing the cost of real estate ownership, buyers are facing increased insurance premiums, maintenance costs, and rising property taxes.

But I've had a lot of issues with the accuracy of Zillow's estimate in terms of accuracy as it really isn't; in my opinion, structured to predict changes in rent over time or take into consideration any additional amenities or upgrades.

On the equity side by increasing net income and or decreasing risk, on the debt side by “working” the note.  

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

I welcome your feedback and appreciate any pointers in case plan to sell in 3-5 years in terms of value addition or turning into rental property,