I tried calling around the respective govt bodies, but wasn’t able to get clarity on whether out-of-state investors can setup such a facility.

Give $60k to the feds for capital gains tax, give them $75k for depreciation recapture, give the state government $65k?

Look into ways to pay, like common loans, government-backed loans, or money from private people.

Even if its not applicable to how you are looking to invest, areas where the government is putting a bunch of money could be good bets.

We have found that some state governments are more problematic to deal with.

If you call someone from your local government (land use control board, planning, etc) they should either direct you to a website that has the published information or you could pick up a copy if the info isn't "flown" on the web.Most storage units I've appraised have been taxed as one parcel with the majority of properties being owned in fee simple.

Sylvia CastellanosResponse to your response.I'm not sure how it works in other places, but here in Texas the videos you are probably watching will tell you that you can make a government guaranteed 25-50% interest on investing in tax deeds. 

That service not only told me that their department doesn't do environmental studies, but that no department in the county government does.

Local government is landlord friendly and taxes and cost of living are lower.

One cannot control the outside forces (government/economy/career/medical/etc.).