With discounted notes, it will be "Investment to Value" (ITV) rather than LTV, but the idea is similar.

Check their nightly rate, occupancy and amenities.That will give you a pretty good idea of need and profitability.

You may want to call AA or Al-Anon to get some ideas.

I just worry sometimes when I see too much gung ho... and maybe not enough practicality, so I try to step up and offer a little advice from my 7 years in the business.

The Justice Department’s acting assistant attorney general, Doha Mekki, put it bluntly: this case is about ending the practice of “putting profits over people.”

I see a lot of investors buy good investments, but then they lose tens of thousands because they have no idea how to manage.

Negotiating is a skill that needs to be practiced and consistently role played to get right.

@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.

Zillow is saying the house is worth $90k but recently a tree went through the back end of it and I was hoping to get some information on possible ideas or suggestions on what I should do about the situation.

Hi Scott,Thank you for sharing your ideas!