The market doesn't reward that kind of real estate investing there as it does here in the Burgh.

keep up the great work and dont lose sight of the prize man you got this !!!

I'm trying to find the balance between risk and reward.

It's going to be tough to cover CapEx and maintenance with only $350/mo and the risk just doesn't seem worth the reward.

Perhaps businesses would be better served by this kind of storage as they don't care what it looks like, just whether or not it is safe and accessible.Think of your customer: if you are Joe and Jane Smith looking for a place to park your prized 1968 Camaro-SS, do you want a traditional, climate controlled roll up door that comes with a paved parking lot, security cameras, high fences, and 24/7 access, or do you want what amounts to a metal box?

@Leroy Feireira-shearinBig risk and uncertain reward.

However it does have its risks and rewards.  

Now if the deal is much thinner then your risk to reward ratio can be way out of whack.

I know the old phrase high-risk high reward, but being cautious is also a good way to not lose money. 

He is use to the extra expense of doing a condo but the rewards are far greater and thus make sense in the end.