Originally posted by @Shayne Hastings:I just recently moved to San Francisco and was curious with the home prices being so high here, is it better to look at other markets ...If you can weather the next 6 year down cycle with negative cash flow then jump head first into the SF market.I don't know how far away the down cycle is some are saying 1 year I think possibly more than 3.

Like Al said, the beauty of Self-Storage is that it is SELF-STORAGE - DO NOT keep a key, or permit yourself to have access - otherwise, you create a bailment (liability) and you negate the protection of the lien laws, which permit you to lock them out, and auction their stuff off if they don't pay. 4.  

And most importantly do not let negative enegery consume you.

I'd look for anything that impacted the asset negatively.

Rents climbed 3.2 percent last year, the most since 2008, according to Bureau of Labor Statistics data.

At the end of the day I plug my ears and listen to the podcast again to drown the negativity.

Although I did not know Beverly, we had some mutual contacts in Memphis, my regards go out to her family.Naturally, in situations like this, the statistics are worse for females.

http://www.realtor.org/research-and-statistics/hou...You can talk to people who are active in the market too and of course BP!  

I'll need to discuss with the PM since they have better statistics on surroundings.So, with this potential investment I may be over thinking the process.

No, I think the stock market is a relatively good concept - even if it's often negatively affected by panic.