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

The issue I see most is the cashflow gets crushed by HOA fees and the added headaches of having them tweaking rules etc. 

Baselane also lowered their APY, which I get, but in the end, it was worth it to me to pay for Stessa Pro for the added beneifts.

Added brand new cabinets and granite countertops.

Adding the ex to the title could trigger gift tax implications, so keeping it simple is best.

@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.

If anyone is interested, DM me for the complete study....Eric Do you manage STR's ad MTR's in the area?

Have you added anymore units yet?  

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

I prefer markets that experience mild winters to eliminate the added costs brutal winters can bring.