And to do this, good location is more critical factor than price of buying?

I know, there are a LOT of factors...if I am wanting to try and live off cash flow (which would be very hard supporting my family), keep my full time job and attempt to do on the side.

The variance in percentage has to do with a combination of several factors.  

Craig, More Factors here than what you have listed, but for a QUICK Evaluation in Self-Storage: 1.  

Location is probably the most important factor of it all.  

With all of these factors coming into play.

Many other factors can influence the ultimate returns these projects generate.  

In terms of partnership on transactions, we are flexible on transaction style with some core criteria which include pristine reputation & integrity, credibility in terms of track record, and strategic "value-added" characteristics.Happy holidays to you as well!

@Kodie Altvater costs are ultimately a factor of 2 items, if you're efficient: labor+ materials.the goal is to arrive as close as possible to just those 2 factors with as little add-on as possible. add-on being profit, a companies overhead, etc. labor and materials are unavoidable (as well as other stuff like permits)....so how does one arrive at those costs?

Make sure you factor that into your numbers.