Have you had the septic tank pumped and inspected?

Looking at a park with 19 Lots, 2 single family homes, in the city, very strong market, all POHs, Public water and sewer, Tenants pay all utilities, Lot rent $650 avg, Single Family home rent $900 each per month, additional $200 for storage per month, so gross rent is $170k/year.

(Alternatively, dump your cookies, your Flash cookies, and your local storage, go back to Rentometer in "incognito"/"private browsing" mode, and see if that helps any.)In some areas, the MLS is available to mortals and not just real estate agents.  

When the market tanks and prices retreat 25%.

Hopefully you have a storage facility and can work on turning and marketing the unit, you can also use a bonded moving company to handle the dirty work.How long did this take?

I am thinking of venturing into  self storage in Central valley (Close to Merced)Anyone interested in self storage business in central valley who has some experience or want to join hands in any capacity which is mutually beneficial.You can reply here/PM me.PS: I am newbie in self storage but I have good portfolio of Single family homes in Merced and its a great town with good growth prospect.thx/-Vijay

Drain the hot water tank. 

The challenge there is finding someone with long-term storage needs.

This gives you plenty of time to advertise and find new tenants who ARE willing to pay fair market rent.Last point, there's 4 ways to make money at real estate (5 if you count tax advantages).1) Cash Flow (from rent, storage/laundry/parking)2) Forced Appreciation (through improvements and renovations)3) Principle Recapture (increasing equity as your mortgage is paid down)4) Passive Appreciation (property values increasing, this is not something you want to count on as they can and will decrease in value at some point)You're trying to make this property work as in investment, but you only have one (maybe two) income streams available to you right now.

But I have owned all sorts of property from storage units to Mobile home parks  commercial ( which did not treat me well).. but I used all that to get to the point I don't need rentals anymore :)  if that makes sense