I saw their ads on BP. 

@Mitchell RosenbergAnother approach is the elimination method.

I second the others here - look into adding a CPA to your team.

History: At one time (when I first began marketing for LPO leads for a fellow investor) the Free Ad Sites were the place to go to find motivated sellers.

I would consider adding loss of rents coverage.

@Luke Spencer I am not on the management side but I can tell you it took 2+ years to fill 300 units at one of our facilities and the other just hit 300 units in 12/13 months so it really depends on the demographics, and local housing market trend, the more people moving in and out the higher the demand for storage.I think if you're looking at a saturated market then the upfront cash to turn the warehouse into self storage is not a good idea but then again, maybe those operators are on back roads ( low visibility ) and don't push google ads well.

I focused on adding modern luxury amenities to increase the property’s appeal to the high-end market.

It's near impossible to cash flow when most homes are selling for above $750K, Taxes and Insurance added in the PITI payment is higher than the rents.You can buy a Duplex 2 unit for example in either FL, IN, or OH and not pay more than $200K the rents are typically $1200-$1500 a door.

But I will be honest, the rentals I have been added the last 2 years here in DFW have negative cashflowed.

Most contractors here in California will charge their hourly rate and possibly ad on a smaller charge if they need an assistant.