It simply takes more knowledge to be able to consistently have positive outcomes flipping homes, and buying a property that has unexpected expenses can quickly tank a project. 

None of that shows on the rental history so it looks like the price has tanked and has attracted a lot of bargain hunters. 

Hey Ingrid, I use gas grills and I have a propane tank connected to the grill and I have a spare just in case.

We do self storage, country subdivisions and land in Belize for Teak and secondary value.Whether the U.S. or Belize we take a buyers market approach.  

It's hard to say but I think it's fair to say your value is not tanking because of this apartment, any movement in value is likely to be small enough to be negligible.

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.

Market OverviewThe Los Angeles self-storage market showed signs of stabilization in Q1 2024 after experiencing some softening in 2023.

. - 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.   

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.