.- 1 large storage unit currently used by owner but has potential for additional income.- Right next door there is another 11 acre lot for sale with potential to expand/grow the parkQuestions I have for experienced mobile home park investors:- I realize having tenant owned MHs are better than park owned, but in an area where the land value is so low I wonder if it makes more sense to keep them park owned?

I spent a lot of time trying to figure out my first step and looked at a ton of properties, everything from SF to duplexes and tri's to store fronts and self storage. 

Looking to learn about more to invest in self storage units any books YouTube channels online classes that you guys can recommend so I can learn more about to analyze deals financing etc.

If you have interests, skills, resources in other areas such as commercial, storage, medical, senior homes, etc.

Im looking to invest in storage units, and would like some advice, thank you for your time.

I just heard from the bank that the appraiser is not able to complete any report be it for an "as is" or "subject to" on this building as a SFH, 3 unit with storage in the front house, or 4 unit.

In general, I'm curious if this is a good investment opportunity long-term and what other information I should know to help make the decision.Here are some of the numbers:Property Value: Estimating ~$800,000, but it hasn't been officially appraised since it was purchased 10 years at $500,000.Taxes: $4,000Insurance: $2,100Year Built: 19125 Total Units: 2Br/1Ba, 2Br/1Ba, 2Br/1Ba, 1Br/1Ba, StudioUtilities: Owner pays only water and trash.Mortgage: Despite being zoned as a 5-plex, the property has been approved for residential mortgage previously (one unit classified as storage during appraisal).Previous Gross Rents: $45,480 (previous owner was very generous with rent to family/friends)Estimated Gross Rents: $69,600 (based on market value)Previous Annual Expenses: $12,500 = 27% of gross rent. 

I’m a real estate agent in GB And the fox valley now and looking to find opportunities to invest personally as well as help others. 

Also had a maid come twice a week to do sheet, towels and kitchen/bath cleaning.Her stuff could go into storage and that will motivate her to find someplace soon.Also try mobile home parks. 

Self storage did pretty well in some markets too.