Bonus is I am getting new HVAC, Furnace and hot water tank. 

As preivously stated above, I have a small storage space (around 200 sqft) that can be converted into an ADU (already have approved plans from LADBS) and am meeting with various contractors and teams.

I can build a mini storage or whatever as long as the zoning is compliant.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

In the self storage market, they have ratios based on population to determine demand.

Bill Maintenance Expense-Aerator I installed the aerator the pressure tank and the well pump ($1,350.00) ($2,142.52) 4/1/2020 ORAM-2910BROUGHAM-2910BROUGHAM Coker, J.

For example, not having on-site storage can cause a lot of logistical and financial issues.

The ground floor has gas hookups for a gas oven and that floor has its own gas range/oven and kitchen which is also controlled by a ground floor sub-panel also with access to the backyard and to a lower cellar area where they have their own washer dryer and storage area.   

First you need to learn to separate the following:Maintenance: usually things related to wear & tear or tenant damage.Repairs: usually broken items like doors & windows, caused by tenant or nature.Capital Improvements: usually expensive things that wear out: hot water tanks, furnaces, roofs, etc.The seller is correct that Repairs & Capital Improvement items should not be a factor for awhile (ALWAYS get your own inspection to confirm).

I like storage units, that's actually a good idea I didn't think about at first.