In Texas, we have a government agency called TCEQ (Texas Commission on Environmental Quality).https://www.tceq.texas.gov/This agency regulates things like underground fuel storage tanks.

If anyone currently active in buy & holds, multi and mobile/storage units wants to grab a coffee and connect please feel free to reach out!

Purchase price: $1,736,000 Cash invested: $165,000 180 mini storage development with space for outdoor storage.

Looking for some info to get me started in figuring out if it makes sense to turn into apartments or maybe industrial or self-storage.

The 5th room option could also generate cash flow as storage or i considered converting to bathrooms but idk how difficult that would be.

I'm a retired CPA/Controller/CFO now just doing Self Storage with my wife. 

It has:5 'rooms' with shared kitchen and bath, two apts, one basement storage area that he will continue to rent for at least 6 mos.1 commercial office space that I am thinking of converting to 1/2 my office and 1/2 laundry room for tenantsAll the units pay weekly which adds to the hassle of collection, but his past vacancy rate is approx 5%.I am hoping someone can see something I am missing or ideas that might add to the income. 

Cash flow would definitely be better with 2 units and I guess I could put some kind of storage shed in the backyard.

I am able to diversify by asset class (multifamily, self-storage, MHPs, etc.), by sponsors, by geographic location, and by yield play vs. value add.

On most of these size buildings, the additional height will allow for specialized machinery, along with enough room for several tiers of pallet rack storage space.