You’d need to check the local laws to see what counts.Tenant Violations: If they’re breaking lease terms—like not paying rent or subletting—you might have grounds to evict.

If local sales support the new value then you should not have to deal with the seasoning requirement.

Attend every local REI MeetUp you can.

Are you focusing your efforts in/around your local market?

Going to start by checking into local REÍ meetups and talking to some friends and family that are doing what I’d like to.

Nevertheless I am local now and I have that real estate desire (which never went away).

I'm a local GA investor and have of course been there before.

That's a lot more to chew on than most non-locals want to deal with, but for those of us here, there are good opportunities to be had.

@Luke Spencer I am not on the management side but I can tell you it took 2+ years to fill 300 units at one of our facilities and the other just hit 300 units in 12/13 months so it really depends on the demographics, and local housing market trend, the more people moving in and out the higher the demand for storage.I think if you're looking at a saturated market then the upfront cash to turn the warehouse into self storage is not a good idea but then again, maybe those operators are on back roads ( low visibility ) and don't push google ads well.

Not likely), vacancy (@ 8% for me), and a possible PM (10% normally).I recommend you reach out to a local seasoned investor and have them run your #s with you, as the #s depend on how you manage it (how hands on you are) and also local pricing.