That being said, if you treat it like a business, learn your market & avatar client, know and constantly improve your value proposition / competitive advantage - you'll soar past the competition. 

Hardly ever see anything from $10 to $180K without extremely extensive improvements, but it happens!

If you are improving your Credit Score, I would wait until you get your finances together.

You identify land and specific improvements to be made to the land through an Improvement 1031 Exchange (Build-To-Suit 1031 Exchange) but you must significantly deviate from the planning/identified improvements. 

You have seen 1st hand all the improvements over the last 8 years,,,,, 

General rule of thumb when I deploy capital on investment.You can always improve return through updates.

Can anyone share what they did to improve their ARV in Kentucky?

This is my first time ever navigating zoning and building permitting, so I don't know how flexible or rigid these things are.Given that the new self-storage facility would be a big improvement over the current vacant and dilapidated warehouse it seems like it would be in their best interest, but I've heard that the local government can be very strict including preventing expansion on another nearby self-storage facility by changing their zoning.

I wanted to get in at an affordable time in a city that is seeing growth and making improvements.

It is my understanding that the tenant/buyer is commonly someone who either needs to improve their credit and/or needs to save up for a downpayment.