There are two large storage units in the hallway upstairs that could easily be converted into laundry (right now laundry is in the basement and we would want to move these upstairs to get a premium price for rent).

Most people will have their own bedroom furniture and would probably prefer their own stuff and not having to rent storage space potentially.

A few popular niches are commercial, small/large multi family, mobile home parks, storage facilities, BRRR/Value add etc. 

There is a deck and an additional storage space located off the living room.

There is also a deck and an additional storage space located off the living room.

I closed a $6m self storage deal this summer. 

@Adam Biya - welcome to the world of self storage. 

There is a decent sized chunk of land that I could place a few RVs for storage; 5-8 possibly. 

Data storage is always in terms of bytes, and bandwidth is always in bits.I have stayed at a cabin with limited bandwidth and it is just one of those things I knew going in to.  

A decent low cost breakfast, luggage storage, safety boxes, daily activities such as bar outings, outgoing staff to engage with the guests, and a good cleaning department will have you as top hostel on Hostelworld in no time.