We have been hopeful that we could get more rent than our estimate and we are encouraged that you are thinking $2400 might be a more accurate market rate. 

Think of the effects on society. 

I agree with @Greg Dickerson in his assessment and, if you're a relative newcomer to commercial real estate, I would encourage you to look into having a detailed discussion with a broker who understands self storage as an asset class (in lieu of one who only sees it as a business).  

We are becoming a nation of renters and that is not good for society. 

I think the local municipality also seems to be generally encouraging toward development, and real estate but again that's super subjective.

I appreciate the encouragement and helpful links!

If not, I’d encourage you to use your own money until you have a solid track record.

@Mark Sewell Maybe suggest she check out this https://www.meetup.com/The-Real-Estate-InvestHER-Meetup-Austin-TX/ specifically for women :-) There will be lots of other "27 year olds" there who will encourage her that it's a great plan!

I encourage investors to find properties that might work for them and figure out a way, therefore avoiding paralysis by analysis.Property 2 - 2019 ActualsInputsMonthlyAnnual% of SalesRent$2,075$24,900Mortgage$591$7,09228.48%Landscaping$50$6002.41%RE Tax$353$4,23717.02%UPC Insurance$73$8813.54%Accounting$35$4251.71%PO Box$0$00.00%Repairs6.00%$125$1,4946.00%Net Income$848$10,17140.85%ROICash Invested$120,000Cash on Cash Return0.71%8.5%Dividend SplitMonthlyAnnualChris75.00%$636$7,628LP25.00%$212$2,543Total$848$10,171

I appreciate the encouragement, once I close a deal I'll feel allot more confident in the process.