My husband and I have found the ultimate hack for living essentially rent free in LA, but our Instagram worthy stuff is sitting useless in a storage unit and I don't want to sell it. 

My gut tells me the other shoe hasn’t dropped yet.

We are in the same shoes.

Very realistic feedback from someone in my shoes.

Self storage?

If I was in your shoes I would leverage and buy multiple properties rather than purchasing in cash.You can get few stable rental properties with similar cash flow to the ones you have or better and at the same time try a short term rental property as well.

For areas that we want more secure, like a storage area we use a deadbolt lock.  

My story is probably a worse case scenario and due in part to inexperience, but remember that unscrupulous sellers could hide all kinds of things from you and if you aren't prepared you could step in something that's pretty hard to get off your shoe.

If it seems prospective, What I will do If I were in your shoes is take care of items that are under $200 repairs and have the seller fix the items above and high ticket items OR re-run tyour numbers this time with repairs and see how this impacts your cash flow. 

We like mobile home parks and modular self-storage in particular.