Yeah, storage right now is the play I'd make for sure...at least until it's all figured out like you said 

On top of that, who's to say a fresh coat of paint wouldn't help it out?

I see it in you post above when you say that you want to start in SFH or multis SO THAT you can get into commercial or storage.

I love a fresh "go get 'em" type of post in the morning!

I plan on adding 12 storage units on a mezzanine level to add income in the future.

@Caleb Bryant  We just hosted a webinar last Wednesday on the market as well as our product type - self storage, and how it has historically performed in recessionary markets. 

Pick a market, then pick a product type and learn as much as you can on it whether it be multi-family, storage units...whatever.

The updates I will be looking to complete are:- Installing efficient and cost effective flooring throughout (1,200 square feet)- Removing bathtub with stand up shower/subway tile and new toilet - Adding additional storage in bathroomThere are probably a TON of things I am not accounting for as this will be my first time ever taking on a task like this.

Rainshadow Storage, LLC., No. 52757-0-11, an unpublished Washington Court of Appeals decision which I quoted above. 

It's like when sharks see fresh meat in the waters.