Had the market turned south or something popped up that you didn't anticipate (bad roof, contaminated soil from an underground storage tank, etc.) this could have turned out bad.

I am not sure on the specifics regarding the costs associated with tenants abandoning personal property.Since we have 30 days to refund the security deposit, and if the tenant does not or refuses to claim any abandoned personal properties after X number of days, can the cost of storage or removal be deducted from the security deposit?

I don't keep any tools in the house as the rehab is complete and still didn't while working on it(I rebuilt a little cargo trailer for ease in transport and storage of my tools).

Clearly not true, so let me ask a question I can't decide about.I have an investment in a mini-storage.

You can get pdf files to the devices in various ways, including several services.

Mike, I've always wanted to get into self/mini-storage facilities.

Also not all features of all sites work when using phones and mobile devices.

Land development and/or self storage...

Last summer I had a solid core door to a cement storage area under a front porch in a basement that rubbed on the new carpet.

If there are other revenue sources (parking spaces, storage lockers, coin laundry, etc) you would add that in as well.From there you can figure 50% expenses to get your NOI.Your NOI divided by your purchase price is your CAP Rate.What you'll usually see is someone saying they're gross rents are $1,000 so their GOI is $48,000 for the Quadplex.Their property taxes are $3,000, Dwelling Insurance is $800, Sewer/Garbage is $4,000 so their expenses are $7,800.They will claim a NOI of $48,000 - $7,800 = $40,200 and then calculate a CAP Rate off that.This is a garbage calculation.