Unit 1 will lose this small storage.We settled for $ 250 rebate per month for the loss of this small storage.And $ 700 rebate for the construction.

Would you leave it as a floating rate, hoping the rate goes down?

We both work full time, which won't change soon, although we hope to retire early if we can supplement our income enough with real estate. 

I wasn't sure where to post this, so hopefully this is fine. 

Take on a partner that has done these kinds of projects before you lose your shirt, All the best  

Hope the info helps.  

The first purchase is always a huge learning experience so it's smart to buy something you can't lose your shirt on.

I hope this helps and good luck on your real estate journey!

I have been a nurse my entire career, So Real Estate is very new to me, I have been reading books, and listening to podcasts and trying to learn all I can, but have no hands on experience, Im a little lost but I'm hoping with the Bigger Pockets Community and their expertise I will find my footing.

I hope this helps.