You need to be a great, involved, passionate landlord.On the other hand, mobile home parks and self storage are my two favorite investment types.

And has 30x40 that could be set up as storage rental, not currently used.View report*This link comes directly from our calculators, based on information input by the member who posted.

It's a 3 unit with 13 storage units.

Nobody has lived in it for the last 7 years and has kind of been a hoarder-esque storage shed for my father.Rotting subflooring (water damage) in the bathrooms and kitchenAC and Heater both don't workTons of junk sitting in roomsBusted windows and door frames from squatters breaking inEverything is original to the 1970's when it was builtRodent and termites, and likely a number of other issues plague this homeAn unknown tax lien amount from a divorceMy father said he would sell me this house, and would be willing to work with me in any way so we both benefit from this.

It may be better to look into making it into a locked storage room.

CONTRACTOR BID FOR A BASEMENT - The space will be used for storage, laundry only. 

You aren't even talking about what TYPE of commercial sub asset class ( retail, industrial, office, warehouse, hotel, self-storage, etc.)You also are not talking about if this is a land play only to hold and sell off, land to get entitled and sell to a developer to finish, or a project to build the building on the land and exit to sale.Tons and tons of factors to consider.

One may hold a number of real estate assets from land to single family homes, multifamily, storage and more.👉 One type of asset structure that is often over looked, is real estate syndication, specifically for large multifamily apartments, raw land development and self-storage facilities.

I have a newly constructed self-storage facility. 

We use the 426sqft garage as personal storage at zero cost.