That's not to be evasive, but as @George Fitz said above, Self Storage runs the gamut of options with the common denominator being you (the owner) rented space for people to store their treasures (and even this can be household items, boats, RV's, commercial, etc.)The three questions that we typically ask others (and ourselves to) when they're contemplating buying a Facility is the following:1) Why are you excited about this deal? 

Any considerations or strategies I should contemplate?

We are contemplating turning our primary residence into a rental.

@John Jacobus For the type of 2-3 unit residential project you're contemplating, buying something with an idea to change zoning would mostl likely be a waste of time and resources.

I am contemplating on selling it but my roommate and his friend are occupying one of the units.

Landlords in Durham, NC, I am contemplating to open a property to Section 8 tenants and was wondering how you rate the Durham Housing Authority to work with.

I am contemplating if I should begin saving that extra payment amount for future investments in properties, or if I should continue to pay the extra on the loans.

The house we are renting right now is a wonderful home, good location and size for a rental, (just a tiny bit small for us as a forever home) and we are contemplating buying it and using it as a rental in the future, say another 2-4 years from now (after we have been able to save for another down payment for a nicer home).We thought of starting up our business right now so that when the opportunity presents itself to buy this house (we know it'll be this summer or next) we buy it with our business and rent it to ourselves at market value (thus profiting).

I’m currently contemplating the same idea except I’m taking out a Home Equity Line of Credit on my primary residence..

@Eric VeronicaI have been contemplating visiting/calling a bank or two to determine if I would be able to be pre-approved.