The garage/storage unit attached to the back, approx 30'x15', needs to be replaced (currently leaking into the storage area that nobody uses).

Bright open kitchen with brand new soft close shaker cabinets, quartz counters, SS appliances, tiled backsplash & island with extra storage.

I have a stabilized self storage facility and the opportunity to buy the undeveloped adjoining lot. 

Cash invested: $300,000 self storage and residential rent house

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.

Will your broker help you find leads or will they leave you to your own devices?

Condos won't appreciate as fast as detached single family homes, but it's not a bad way to get in the market.If I was looking at a condo, I would also consider other factors beyond cash flow; specifically amenities that will attract tenants and maintain the rent at market rate (things like off-street parking, outdoor/patio space, storage, office spaces for remote workers, etc).As far as the numbers go, definitely budget for repairs and reserves. 5% vacancy (1 month/year) is typical.

I am just getting started in researching self storage, but I wanted to know if there are any safeguards a self storage owner/operator can have to protect them in case a tenant stores anything illegal in their storage unit (explosives, drugs, dead bodies, etc.). 

For properties that have a garage, that acts as a great free storage unit...otherwise, I use one of my company's box trucks to store materials.

We do Self Storage, but here are some questions.1.