After thorough research we estimate the renovation are going to cost around $40k, The ARV is around 300k.

Learning how to estimate rehabs based on labor + materials is massive.

Are you estimating CoC with just the down payment & closing costs? 

Estimated total cost of rehab is between 100k and 150k.

The neat thing about buying the STR subsequently, is that you can use estimated short-term rental income to help qualify for the STR purchase, but only if you purchase the STR after your primary (not the other way around - see Scenario 1 above). 

You could integrate with Zoho CRM, and it'll work very well especially for invoicing or sending estimates, etc.

I’ve been quoted $20,000 to build the pond, which was a rough estimate.

Planning is key here to determine your estimated income and how much gain or recapture each property may produce.

The other disadvantage of storage rental is they are generally slow to fill up, we are financing a new Construction self storage, and the lease up is estimated at 4 years.  1 suggestion would be to buy 1 container, lease it, then buy the subsequent container.

However i have a few questions to make sure my numbers make sense.I have spoken with a lender and estimating 8% rates.