Quote from @Cédric Le May: Thank you for your comprehensive and interesting response.

Considering your facility will cater to a wide range of storage needs, including RV/boat storage, semi-truck parking, container storage, and contractor yards, the name should encapsulate the comprehensive nature of your services.

Profitability can also be enhanced on a sale (sometimes) if we choose to provide owner financing or wrap financing.  

Consider creating a comprehensive investment plan that aligns with your financial objectives, risk tolerance, and market conditions.

If you can wait to list in the spring or early summer, I recommend doing so to enhance your buyer exposure.

TREVPAR is total revenue per available room, it's more comprehensive as far as operating expenses. 

However, the owner has made professional additions such as a 500+ square feet family room and a 500 square feet deck, which greatly enhance its value.

Partnering with a money investor could help to enhance the property's appearance and value.

There are advantages and disadvantages to both strategies when deciding whether to invest in-state or out-of-state.In-State Investing:Knowledge: You probably know more about the rules, legislation, and local market in your own state of Houston, Texas.Network: It's possible that you already know contractors, real estate agents, and other people in your community.The Ease of Management: Especially when dealing with daily problems, managing properties in your neighbourhood may be more convenient.Out-of-State Investing:diversity: If your local market is competitive, investing in a different state may offer greater prospects and diversity.Affordability: As you pointed out, certain states could have more reasonably priced real estate, which might enhance cash flow.Market Dynamics: There are markets with varying development potential and economic trends that you may access.Taking Out-of-State Investing Into Account:Investigate the target market in-depth, paying particular attention to employment growth, economic data, and local real estate market patterns.Establishing Networks: Establish a local network of contractors, property managers, and real estate experts.

It's about much more than fixing leaky faucets; it's about enhancing tenant satisfaction, optimizing operational efficiency, and ultimately, increasing property value.