the majority of even my national users are looking to keep cash in reserve and as such are looking to landlords to finance that TIA as additional rent at a return premium and then that extra rent bakes off in whatever term is negotiated. 

Highest number of units without getting into commercial buidling codes at 4 units you have additional engineering requirements. 

For comparison, I just completed two new build duplexes in a flood sone in central Houston using a builder for these and my Hard + Soft costs were $149/ft. the only additional cost to factor in was the land.

In addition, a strong property management company will tackle all aspects of marketing, application, ensuring resident satisfaction, fair housing, handling late payment/evictions, renewals, etc. 

I was fine with all these numbers.Then I met with contractors...First, I wanted to add a new bathroom and approximately 450 sq ft of additional living space.

For this I’ve taken the payment amount of the second loan and included it as an additional monthly expense.

I would have contacted the locksmith tech to get additional details before assuming it was tenant damage.

All of our self-storage run at basically 100% occupancy except for our most recent addition. 

The family viewed the house, loved it, and requested that I install satellite TV and add it to the costs, which I did.

When you move forward, they should provide proof and name you additional insured.