You will love the attractions that are within walking distance such as Chicken N Pickle and multiple breweries What made you interested in investing in this type of deal?

Conceptually, when you are just renting the dirt and infrastructure, there is a lot of overlap in the "dynamics" that make storage so attractive. 

The tenants you will attract at that price range has a lot to do with location.

We haven't replaced the roof or the boiler, because they work fine, since we purchased in 2013 but they are on the older side.1) Sell As is and Move2) Develop it as there is 2000sq ft of FAR that we could build and the neighboring property which was the same foot print has already maxed out their FAR and condominiumized and sold 4 condos for about 4m.Not attracted to the condo option but it could be the only way developing the property makes sense.3) Move, Rent out both units and Hold. 4) Move, Rent it out and downsize in another area potentially upstate or a "better" neighborhood in NYCI know this is a very wide open question and alot depends on what we "want" to do.

That will help you a lot because it will be tough to attract investors without offering a preferred return.

Here's a recent example: https://www.biggerpockets.com/forums/432/topics/746550-how-to-buy-a-41-unit-0-down-and-make-400k-profitYou can do marketing to attract sellers willing to walk away from their properties because they are going to be in foreclosure, or they are relocating, etc.

Over the last few years Orlando has attracted some of the biggest events. 

I’m a private asset manager for a small number of clients right now and am looking to expand into a GP role to create a fund that will attract larger institutional and/or higher net worth investors.

Anacostia, whipe the fastest appreciating neighborhood in DC 4 years straight is attractive in that sense, it can still be pretty rough.

If so, expect a PM to charge more than they would for a multi-family as statistically, boarding houses attract lower demograpic (equals more management headaches) and more transient tenants.