I know some experts on here expect a correction at some point, but with rental rates being near all-time highs, I think this makes the midwest extremely viable right now.Also, if you want to thing long, long term, check out some articles about climate refugee cities in the midwest and how they think they will be major factors as climate change gets worse and people start to leave areas negatively affected by climate change for a more stable climate.Truth!!

Tenant therefore agrees (a) torefrain from any behavior which is loud, obstructive, rude, offensive, boisterous, or disorderly; Any violation of this paragraph may, in Landlord’s sole discretion, be cause for termination of the Lease and or Tenant’s tenancy."

Climate risks, cost, etc., are the other risks to gauge.If you live in Miami, I would def focus on Miami.

I haven't had any experience with it personally, but I have some contacts at Bee Safe, a brand based in Greensboro, NC and focused on climate-controlled storage facilities in retail locations.  

One story climate controlled self storage?

But I'm sorry to say that I lack experience with that in a very damp climate like Northern California's coast. 

The closes I could come to answering this question was "30 Year US Treasure Bonds".1) Low risk2) Decent return (Currently)3) Nobody involved besides me and the best economy in the world (The US).4) And no work other than monitoring the economic climate sporadically.Now, the bigger question is "How to get to $10m in liquidity?"

Not climate controlled.This is an example, for discussion only.Layout Phase 1, 2 acresAssume the 4 acres is square.Setbacks- front/side/rearAssume roads are not allowed on this.Driveways- 25 foot295Buildings-15/ 30/40 foot590Turnarounds- 50 foot555555555555555555555555555555555555555555555555555555555551010Entrance101010Gate1010101010UnitsSplitsSplitsSplitsSplits101511515202015152020102103104105106107108109101010111012101310141015101610171018101910201021102210231024102510261027102810291030103110321033103410351036103710381039104010411010101010101010This is an example, for discussion only.A.

If you are in Arizona or another hot climate, tile would be the way to go.

Average cost to build covered, and climate controlled units.For those so gracious, I would be willing to pay $/Hr to jump on a zoom call to walk me through the underwriting process of evaluating these sites.