Nothing worse than building it only to find out later that there wasn't enough demand and now you're competing with your Self Storage neighbors on price alone - as that is a race to the bottom. 

Bitcoin is seems like it might be at the bottom ;) ;) I am looking to invest a large savings in the next year, so I am kind of in the same boat. 

Many of the people on these forums will tell you otherwise, but the bottom line is, my parents would never charge me rent and therefore, if I get in a place where I have to take care of them or house them, I would never expect them to pay me. 

It's a 4-plex with one of the units being a Convenience Store at the bottom.

I do have partners who could help me but they're bottom feeders; this isn't a bottom feeder deal.

These actions will neutralize your profits and obliterate your business if you're not careful. 

I renovated the home from top to bottom, and also registered the home with my city to begin hosting on AirBnB, VRBO, etc.

Top to bottom inspection.If it is in good condition and the systems are intact and updated it could be interesting.Might even qualify for historical designation or the Mills Act and get a discount on taxes.Double check what you can get on financing especially the roof and foundation

@Darius Kellar the rehabs did not due much to affect the price themselves at least not significantly (hard to say without listing it for sale as I'm in a small market), but according to the Zillow estimate the property value is about 65k, up 10k from when I bought it at the bottom several years ago.

Bottom line is that it's all a question of numbers.