More equity mean more room to negotiate the price and terms paid.As for catalysts, multiple, compounded problems that you know how to solve is preferable.

Unfortunately the prices around me at other Self Storage compounds are $260/month for a 20x10.

Nice $$$..put it back to work quickly....The key is to keep it in compounding mode!!..

I think something no one is mentioning is the power of compounding. 

For the common wall, I think you best bet is using a de-coupling adhesive like Green Glue Noiseproofing Compound.  

Originally posted by @Joe Villeneuve:You could retire in 3 years on 150-200k per year...if you understand:1 - Thoroughly what Einstein called the "greatest invention on the 20th century", and how it pertains to REI2 - How to use "Non-lienable debt"3 - How to design a plan based on your financial goals (needs)4 - How to incorporate "duplication on steroids" into your plan5 - How to stick with that plan.6 - How money works Reader's Digest explanation:1 - Compound Interest2 - This is a much longer explanation.  

That doesn't mean it is a good strategy.Why at the point where you have the least experience and are most likely to make mistakes would you compound that with high amounts of risk?

BUT where the magic happens is in COMPOUNDING on the inflation side. 

I have had maybe two outfits that are considered "nice", and they both got ruined from joint compound, paint, and caulk. 

Could get both, maybe convert to AirBnB compound if you file for a variance with the city?