Appraisals for storage facilities are not always common in smaller markets5.Develop a detailed business plan, including a marketing strategy, capital expenditure budget, and growth projections.

It gives you a snapshot of how everything is performing. 

Is there any way to file a change of use permit of some sort that would make this business model work? 

Where have you had luck finding reliable ones that can support your business?

In addition you can identify a property that performs better as a rental as yours most likely was purchased as a place you would like to live in and not what works best as a rental property.

I am no where near a credited investor yet, but I understand the in's and out's of property management, business deals, transactions, and core understanding of how to find the right deals.

The reality for many is that life gets busy, the half-day trip to the property is difficult to cram in, and that property management is tough.

I am an Associate Broker and I have been approached by my Broker which owns the independent Brokerage in purchasing the business.

The 10-Unit complex would be a commercial business, so the simple answer is to purchase and operate in an LLC.

In July of 2023 I went at it again, this time my dive was into growing my RE agent business.