I actually did reach out to them about a couple properties they have with some identical photos asking for some clarification.

@Sean Williams , Good timing to purchase your equipment. 

If by tons of storage you mean shed type storage, not basement/interior storage but suitable for lawn equipment, outdoor recreation stuff you could be okay for storage.

We do have safety bars in the bathroom but no other equipment.

I found out that Quicken Loans was having a "cyber monday deal" that offered identical interest and terms as the credit union deal I was working on, but offered closing costs that were about $2k lower.  

You claim chart #3, the Case Shiller 30 year, looks almost identical to chart #1.

I get a kick out of some of the adds, they want you to have all your own tools and equipment, truck, IPhone, insurance, contractors license and knowledge but unwilling to pay a fair wage.   

That is good to look at as you can see they health ratio for them personally and their businesses.If the lease does not disclose sales another indicator they are staying is if they just did a big re-image or update or added a lot of new equipment to the inside of the space.

He stores parts and small equipment that he uses in his business.

It is not a right or wrong deal rather just the differences between identical sfrs in totally different locations or the diff with classic Porshces and Civic/Pinto rentals.