I think this would make a perfect self storage conversion opportunity.

I'm looking for some storage unit owners OR managers today!  

would it be worth it to do an ADU conversion on a garage if the use would be for a home office/storage?

In the meantime, I have been buying and selling form storage, traditional and online auctions.

After that is settled, I wanted to look into building a storage unit.

After that is settled, I wanted to look into building a storage unit.

Here is what I want to be able to do but I need some feedback from someone who has been in my shoes on how to structure a deal like this so that I can keep my lender(s) happy, and  put myself in a position where I acquire an asset, generate a nice source of income from the project, and when the project is done I created a source for passive income.My Plan: I want to find a commercial or multi family residential deal that I can use the private lenders borrowed equity to purchase, renovate/increase the value (doesn't have to be renovate), 6 months later cash out refinance, then either A) pay lender back an agreed percentage balloon payment on the refi or B) the whole amount if there's enough to pay lender in full, depends on the deal since I am aware that I can only cash out on 75% of appraised value, and if I couldn't pay them back the whole amount on the refi, whatever balance is left over depending on the deal give them an equity stake in the property, or re work terms for the remaining balance based on the income this particular property is generating.

What is a step-by-step, in depth way to analyze the profitability and commercial market of a potential self storage lead?

I have heard a great place to start is with self storage units.

I have been considering selling into something less politically charged while we still have 1031.... maybe self storage or whatever.