I also dedicate the last 1/3 of my new book on self storage to this exact topic.

This is the double edged sword of investing and self-employed.

I will be self managing the property but i included the 10% management fee just incase i ever decide to let a property manager take over.

self-generated lead How did you finance this deal?

This is critical if you will self manage. 

I am looking at putting the funds raised into a self directed IRA that can be used to fund a startup to help with the tax burden.

I have two LOCs that I opened when I was working a typical w2 job and I still have them open despite that I switched full time self employment a few years ago.

You’ll find plenty of friendly, knowledgeable people willing to respond to your postsI really like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alertsThere are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides

@Craig ComstockLLC's can potentially provide tax relief by self-employment tax savings if selected to be taxed as an S-corp.However, be mindful that the tax savings comes with additional administrative tax burdens - S-corp tax return / payroll tax return.

I've owned distant rental homes for years, and have had mostly good success with local property managers. However in this case, I have a feeling finding a new manager is going to be difficult and so I'm wondering if t...