I'll probably also turn another part of the basement into storage for the other units.

Main level - enclosed porch, living room, dining room, bathroom, and kitchen2nd level - 3 bedrooms, bathroom,Attic - sitting area, un-permitted kitchen, 2 bedrooms, office, and un-permitted bathroom. and lots of storage (I will take out the kitchen and bathroom and cap everything so it is compliant)basement - new gas boiler, and water heater, unfinished but +9' ceiling height.

Sometimes they are talking about rehabs, sometimes about apartments and sometimes about storage lockers.

Listen to Scott: let them look and they'll find they've already got an established area and taking the rental increase is worth not moving, renting storage, and spending resources searching for another location.

This month we have a self-storage expert as our guest speaker....and tonight we are hosting Bigger Pocket's own Brandon Turner out our Kitsap Satellite meeting....if you can make it let me know and I will get you a guest pass.

I ended up offering $620,000 and he said he will think about it but did not seem disgusted with the offer so I'm starting to think I offered too much.The property right now is collecting rent of $7,100/month and he uses the commercial unit and also one of the studio's for storage so that would be approx another $1900/month in rent.

There is a 3/2 house at 1400 sq ft, and 4800 sq ft car shop and enclosed storage too.

(Currently Rented at discount for $ 505 per month to same tenant in 2 Bed Apt (Typically rents $ 545/ mo)GARAGE STORAGE: 1 and a half Car Garage can be rented for storage for $ 50 per month.

That's when I stumbled upon self storage.

It should include all finished above-grade and below-grade living areas, counting all interior common areas (such as stairways, hallways, storage rooms, etc.), but not counting exterior common areas (such as open stairways).We will accept the use of other comparisons for two-family to four-family properties (such as the total above-grade and below-grade areas as discussed above in Section 405.06), as long as the appraiser explains the reasons he or she did not use a gross building area comparison and clearly describes the comparisons that were made.