@Ron SharpThere should be lots of threads in the Canadian forums here on BP ... it seems like not a week passes without that very question.Depending upon where you are planning to invest, and what type of asset you are planning to acquire, you may have the option of using a U.S.A. subsidiary of one of the Canadian banks (TD, RBC, BMO) who will lend to you based upon your credit history and income here at home. 

 @Jared Wengerd I understand that personal credit is often used to obtain the loan as you are the guarantor but I don't see any reason why it can't be in the LLC.

I have great credit but I am in a position to buy it outright with cash.

Are you credit worthy(have you seen your report recently)? 

If you try to get a seller financed second mortgage you may have to call around to a bunch of local banks and credit unions.

@William MurdenIf there is a broker involved they might have looked at the supply index but I've rarely seen brokers do that and even then I'd do my own due diligence on it.I recommend picking up a copy of the Self Storage Almanac from Mini Storage Messenger.https://www.ministoragemessenger.com/product/2018-self-storage-almanac/As far as doing your own research on the supply index, @Mark Byrge is correct.

Is there a way on loans to put some sort of contingency on the loan like, if I default that he will be liable without having the loan show up on his credit? 

A key difference with section 506 investments concerns the products themselves: they are not regulated by the SEC and Investment Company Act of 1940 which governs stocks and mutual funds.  

From what I've seen, traditional financing through a small bank/credit union is probably my best bet.

You should have started th eeviction April 2nd.Unless your state is different than most a security deposit can not be used to cover rent.Serve the evictions on all three tenants and most likely they will pay up to protect their credit.