It was very difficult to get any info about the tenants before we purchased the property and soon after we purchased it the tenants in one house moved out.I realize this is a very small sample size to draw any conclusions from, but I guess I want to challenge the belief that it is better for the owner that the tenant not to know who he or she is.

The home prices here in OC are appreciating..although it's anybody's guess of course how that will all play out in the future...so the house will only increase in value, I would expect.   

I enjoy learning about the lending side and are always new education lessons that surface which each loan.

I guess I need to pull the loan documents if only to satisfy my own curiosity.

You’re betting on appreciation and choosing to lose money monthly (rather than increasing a down payment) to make that educated guess and keep capital in the bank.

If you go to an experienced HML there will be an educational benefit to speaking to them about the property that could be better to have happened before you negotiate the contract.

In terms of it not being a big repair, I would guess it may come to $2-k$3k.

I guess paying cash has to do with feeling like I won’t qualify for the financing I wouldn’t need.

I just bought my first home and feel like had I been more educated on the literature of the mortgage and process itself it would have went a lot better for me.

From a financing perspective, I guess it is more difficult to borrow from banks against self storage facility to increase leverage, as compared to borrowing against residential rental property.