Self Storage Idea

[Engelo Rumora]

G'Day everyone,

I hope you're all well.

Quick question...

I would like to learn more about self storage units from others that have or currently are investing in them.

Is it possible to buy 10 shipping containers, place them on an empty lot. Get a groovy brand going and start renting them out.

I can probably buy a lot on a busy road here in Toledo for around $10k. 

10 shipping containers would cost me another $10k

Fencing, Paint, Gravel, Website, Branding and Signage another $10k

So total investment would be around $30k

I was thinking of renting every container for $150pm.

Very sexy ROI.

What am I missing???

Thanks and your replies would be much appreciated.