You are not crazy :) cap rates on storage got pretty crazy in the last decade as the space has become crowded and money was cheap, starting to see some reversal of that now, but its tough to find deals at a true 10 cap (10 x NOI or NOI / .10).

They will normally charge you for desk space, using their printer, support from them and their office staff, Etc....Then there are MLS fees, Lock Box fees, Continuing Education costs, and the basic costs of running your own business.

The US is a very diverse space with many different markets to consider.  

City officials plan to make the Queen Mary a centerpiece of their Olympic tourism strategy, alongside hosting five Olympic events.In addition to refurbishing the ship, Long Beach is developing its downtown and waterfront areas, including a new amphitheater and commercial spaces.

If we plan to rent to a commercial tenant in the future then should we opt for commercial property insurance now, or just homeowner insurance and then change to commercial once that space is ready to be rented?  

Space for pets and a large lot, 2 car garage, well built home, we could live in it for a year and rent it out after How did you find this deal and how did you negotiate it?

You don't put more chips into a bad hand in Poker just because you have already put a lot of chips into the kitty.

The DSCR space has seen quite a bump in activity compared to Q1 & Q2.

Despite concerns over store closures, demand for retail space surged in the second quarter of 2024.

Rather, if you are going to succeed in this space, you need to have an idea of what value you bring to others and, when looking for partners, seek out partners that help balance out those values.