@Harry Aiken Hi Harry, You can use 3.5% to be on the safe side seeing that you are using the FHA Loan.

Does anyone have any suggestions on how to establish credit safely/efficiently?

I appreciate taking your time to read this, safe ventures.

Can a self storage facility owner/operator qualify as a real estate professional if it is their full time occupation, and meet the 750 hour material participation and greater than 500 hour rental real estate activity safe harbor rulse?

I think the best way to look at is 8 to 10% per year somewhat safe but still a risk.

Luthor - that's why I want to get some training in on those subjects in 2020 - anyone come to mind to teach selling on lease option . . the big drawback right now is the whole Dodd Frank and SAFE act that made a lot of grey area questions that creative financing on the sell side can create.

I think the info & definitions will help with the search: I can give you some general info on insuring the property: Here are some things to look for from an Insurance prospective:1.Any in-ground tanks (active or inactive)2.Any Knob & Tube or Aluminum Wiring3.If built before 1978, does the building have Lead Safe certifications4.Any wood stoves or secondary heating units.

Louis City in safe clean neighborhood, hardwood floors updated kitchen and bathroom, and ample closet space.

Safe, but lower middle class neighborhood. 

I can easily get a job for $25k there so I'm thinking another $25k from investment would be a good strategy.How much would you calculate is needed to be invested and what strategy would be a "safe" and "reliable" year after year?