Or a short term rental fund in an overpriced community, a self storage fund in the backhills of pick a state, an ATM fund to invest in ATM's ?

First fund I have seen where people are experts in self storage, private credit and MHP. 

But I have been looking into splitting the duplex into two condos (yes I know it is a lot of work) and I could probably get 325-350k for each, netting me 650-700k.Number:* Mortgage interest 2.5%* Mortgage principle 240k* PITI $2100/month* Rent 2200/month (current tenant on a two year lease)* Potential rent on my side $2400/month * 100k HELOC at 11% (fixed) (not currently being used)* est additional cost to split the dueplex 75-100k (conservative, probably less)     *new siding 30k (just put on a new roof this year)     *legal 10-15k     *fire proofing 15k     * 15-40k for stuff I am not aware of or underestimated on* some of the appreciation is external from the home     *big grocery store put in 3min away     * newly paved road in front of my house     *a building that was falling down across the street has been torn down          * Still a vacant lot with the foundation exposed and fencing around it (so more local improvements are on the way)Part of me wants to take the money and run but man I love that 2.5% interest rate and the $2000/month cash flow (including taxes and capx)I have thought about 1031 exchanging into more rentals, but I would like to pivot into storage units.

Out of town.  Customer calls at 8:30 pm.  His unit door is off its track.  Wants to get his corvette out for the weekend to drive.  He is pissed off.  Someone tried to break into his unit he thinks.  Got to the hotel ...

I’ve also thought about self storage and in many places in the country you can get into a facility for $250K.

You don't want to start a relationship to learn about storage units and then find out they only invest in single-family homes.3.

So we went into the commercial space and pivoted to self-storage.

These loans are more expensive and have high interest rates most of the time.If you are purchasing a commercial property (5 units +, storage units, and so on) then you need commercial financing (above options are geared towards residential).

If you don't allow them to stay, they will likely need to go to a long term stay hotel or something else similarly expensive PLUS pay for storage for their belongings, PLUS pay to move their belongings twice rather than once.

Self storage  did a deal for him were I gap funded it buyer needed to close in 3 days there is 400k in equity I  put up 75k to close the deal and we get 100k back when it sold no matter what its sold for plus cash flow..