The purchase price will likely be <$500K if that changes anything.- Value add - How much does it cost to build additional storage units?

- Any tips for staying updated on regulation changes?

What's the one investment strategy you wish you'd known when you first started in real estate, and how has it shaped your journey?

I FIXED THE ROOF AND CHANGED SOME DOORS THE PROPERTY WAS BROUGHT IN GOOD SHAPE !

Sorry for derailing the book conversation but I think this topic is pretty interesting especially with the way the market is changing. 

Because a large percentage of the charges are base fees that do not change based on use!

Technology has changed significantly, but this has always been a hospitality business.

That will change in 2H25 in a lot of markets.Expenses:  Leveling off and must be accepted as the new normal. 

Likely it is just a quit claim deed to your new name, however, also note that some states (ie MI - requires another form to be filled out and it changes our taxes - or can change them....).Get the help you need to make sure it is done right without costing you extra down the road.  

@Dominic Holt , I am happy to review your scenario and suggest changes that could improve your property.