@Heather LewisNo change to passive losses rules.No change to depreciation, either, except one technical correction for "qualified improvement property."

Not all appraisers are familiar with self storage, though.If you're thinking expansion or improvement of the property, some lenders, notable SBA lenders, will get an "as complete" appraisal and lend against that, or cost, whichever is lower.

Also, don’t forget about depreciation deduction: take the improvement portion of the value and your yearly depreciation is 1/27.5.

I will calculate the value of refinancing to get a longer loan which will increase my cash flow.Got any tips how to improve my situation?

My lease states all improvements must be approved in writing by landlord. 

I have widened my market to essentially the entire Metro Atlanta Area within the I-285 Perimeter, but this has done little improve my results.

Holding it for cash flow and making continuous improvements on it.

Was it common improvements?

I think a lot of towns like Buffalo in the North East are really due for resurgence and improvement.

Move as quickly as you can and don't over improve the property for the market.