I am underwriting a self storage property which apparently stays around 80% physically occupied year around and seems charges market rates.

Perhaps a multi-storage unit building (and parking for cars, yachts/boats, motorcycles, etc). 

When asked why they needed 4 bedrooms their response was one spare room for storage and one room to be used as their hobby room.

Potential to build storage units or another triplex if the numbers made sense.Total property income: $1,500/m $18,000/yExpenses30 year fixed rate mortgage (4.5%): $713/m $8,556/y (Includes Home insurance and Taxes)Water (well): $47.833/m $574/y - Numbers are directly from sellerLawn: $48.75/m $585/y - Numbers are directly from sellerElectric: $31/m $372/y- Numbers are directly from sellerCap ex 10%: $150/m $1800/yVacancy 5%(self managing): $75/m $900/y----Total Income: $1500/m $18,000/yTotal Expenses: $1,065/m $12,787/yNOI: $434.42/m $5,213/yCOCROI: 12.87%    I called the best property manager in the city and had him tour the property with me inside and out, he said studios in decent condition in this market are going for about $600/m so that is my upside if i can fix what i need to with the $2,000 allotted for it.

Self storage and multifamily do well in a downturn.

What about adding built in storage in some parts of the house?

Next 2 are in Schuykill county.  1 in Pottsville- maybe doing a rent to own with this one in as-is condition and the other is in Gilberton which I am using currently for storage and a place to stay when in the area.

I plan to keep increasing the income by raising prices next year (rents, parking, laundry), adding storage, and trying to rent extended stay airBnBs (30+ days) to increase my income.As far as low ball offer goes, I don't know.

I wanted to connect with someone local in the Houston, TX area to speak about building out small apartments, small office buildings and self storage out of CONEX Shipping Containers. 

As the house was built in 1955 according to the sun there is lead paint and asbestos in the Attic and as I was to witness myself there is no real closing of the attic it's just an open hole in the side of the house where there is Storage stuff inside that hole.