Benefits are lower price, can buy ready made to save time and buy from retailers that can also do financing, and you save your garage which preserves resale value and storage space - while collecting about the same in rent as if you had a studio garage conversion.

I have an accepted agreement for a storage unit facility under my company.

If they are unable to do it in 30 days, they have a couple options:Continue paying the rent/utilities until they can empty the rentalPay me to move the items to storage and pay me for moving/storage costs before retrieving the itemsDo nothing and I will consider it abandoned and handle it according to the lawIt's very common (in my experience) for family/friends to come pick up some of the items but they leave quite a bit behind and don't do any cleaning.

We have 40 units, used for Self storage, not housing.1. 

Read my post:  Self Storage, so you just died. 

There are also breweries and expensive condos within 2/3 blocks so its not a terrible location just some nearby sketchiness.2) Home function: The house has no front yard, no outdoor storage, and almost no backyard for tenants of the 3 units to enjoy. 3) Parking: Only 2 parking spots for 3 units (8 beds total).

Training and setting up realistic expectations is key to running a successful self storage facility.

To charge the most in rent consider allowing overnight guests, extra storage, easy parking, short leases, lower security deposits, and keep your home spotless. 

Storage is expensive.

@Jon MolitorHi Jon, I would recommend starting with AJ Osborne’s podcast: Self Storage Income and he has a new book out this year called The Investor’s Guide to Growing Wealth in Self Storage.