I may an excellent contact.

The job market is excellent right now.Many investors just want the freedom to not need the job but would still continue to work. 

Not sure how it would work in your area or for different property types but for us it has been excellent.

I plan to re-kindle this relationship and work on deals for free for him as I know he has a lot of capital from a very successful exit earlier in his career.During this time without a strict job I also want to travel to different cities (funded mostly by credit card points and crashing on friends/family couches).

. $160k for 6 units at $500 a unit would be an excellent property but only if there is little turnover and it is in a decent area.

I have excellent long term renters that pay 1000 per month.

In doing so there are virtually unlimited ways to structure the relationship between the passive investor and the sponsor.  

I have very good to excellent credit, but not a lot of cash. 

It's an excellent niche of an Asset Class and has been very good to me and my family.Hopefully we'll meet in-person soon and then we can have that cup of coffee and a conversation on "all things Self Storage".Best of luck to you!

@John Umphress Excellent John.