Also look at pricing softwares and adjust accordingly.

A public insurance adjuster works for YOU!

With a milder climate, lack of natural disaster, good economic opportunities, and decent governance, NC has a bright future.

Having said that, this is ultimately why I keep pricelabs, it gives me a structure to easily adjust prices via seasonality which I did not have before, it also continues my prices beyond the 12 month window - this helps if I forget to adjust future pricing and then the platform goes back to my default base rate kind of thing.Having said that I am no master or expert of PriceLabs. 

@Henry Clark When counting units and sizes in step 1, should climate controlled units be excluded if someone was to only target the non climate controlled drive up market?

Since my adjusted basis is about 50K, am I going to have a $250K gain on my income taxes this year?

When an appraiser is adjusting a comp to match the subject property, he or she will use an adjustment based on the difference in square footage.

My suggestion would be to cap your utilities at a certain amount and have Tenants pay anything over that amount.That will help you manage your expenses, and also allow Tenants to gage their usage each month, and make adjustments if they don't want to go over the allotted amount.As far as collection, provide the bill showing any overages and just have them pay for it along with their rent. 

@James Boreno You’ll likely owe taxes, but don’t forget to account for your adjusted cost basis, which factors in the original purchase price, depreciation over 10 years, and any capital improvements.

I recommend you do this annually to adjust for utility increases and other variables.