Another consideration:  Your gross income (the 75% that is counted from a rental property) may not be considered until the property is rented for one year.  

What considerations are there for doing this? 

Irrespective of timing considerations, Option D would be to invest in larger apartment syndications.    

I think it would be difficult to talk an owner into transferring title to your name without any consideration.

The asking price is too high.Steve: Thanks for your input--those are important considerations that I need to raise with the seller and the potential partner.

SECUR  self storage was founded around 2007 was one of the early entrants intothe self storage business in Germany and they built and converted buildings into self storage  to the best of my research they paid around 11 to 12 hundred eurosper Sq. meter to enter the business and last year sold to public storage for about 2500 euros per Sq. meter or a total of 66 million Euros Not bad especiallywhen you take into consideration that they entered during the worst recession in recent history

When I looked at the return on what I was getting vs the work put in I could not pull the trigger. 

Member benefits is another thing I am trying to look into for consideration on what path I take to help with my education and networking.

I would assume I will have to take into consideration getting rid of infestation problem. 

You need a considerably higher downpayment for a strictly investment type property, more like 20-25%.