In the remaining 30% both the land and improvements are owned by a third party real estate investor, McDonalds is the master lease tenant, and subleases to the franchisee at a 40% markup.However, the thing to realize is that all this real estate profit is enabled by the fact that the operating system is so successful.

However, we are all human, and businesses always have room to improve, which we are always trying to work on. 

It’s through a community program focused on improving properties.

I just drove through the area and I’m curious whether appreciation and crime stats have improved.

Could be a certain neighborhood that is being improved or just the edge of town. 

I can improve this later in life and fill in the pond and put the drainage under the parking lot.Contiguous land isn't an option right now. 

I hope you meet lots of investors, build real estate wealth yourself, and improve lots of homes! 

Otherwise, how will the portfolio's performance improve? 

Quote from @Tatenda Mpofu: A quick search suggested that the following surveys could be completed in the diligence phase of self storage facility acquisitionBoundary Survey: ALTA/NSPS Land Title Survey: Topographic Survey: Site Planning Survey: Floodplain Survey: As-Built Survey: I'm curious which of these are necessary versus nice to have ALTA/NSPS is critical, topo is useful for understanding drainage but some details can indicate that on an ALTA if you specify on Table A. topo needed if you're going to build anything on the excess land.as builts are quite useful for improved property.

Good battery life, strong motor, works excellent.