The original Idea was to convert the storage unit into a J-ADU, but since we don’t plan on being here after the garage conversions are done, the owner occupancy requirement for JADU will not be satisfied.

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Seller financing, they don’t want to pay taxes, if you live in the area use the 2 out of 5 year tax free gains as primary residence later, don’t rent or lease for housing- rent storage space where they can live.  

. - Are their ways to add other income streams to the building such as: washer dryers, parking, storage units, etc... - Also, spend some time before/after to drive by comparable properties in the neighborhood to understand your competition and the rents they are asking. 

Coming from out of country it is one of the few options.A hanger to me is a creative development that mostly would be recognized by pilots (such as yourself)I like how it is basically a storage unit but little chance the tenant will abandon their plane for missed storage payments.   

Looking to get into the field of RV Storage.

To provide some background here, my wife and i recently purchased a triplex that has an existing 500 sq.ft attached storage unit (conditioned space) and a detached 5-car garage.

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

I know there is a company that is working to use AI to streamline self-storage revenue, though I cannot recall the name right now.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.