Are you asking about buying this lot and putting an actual operating storage facility on it?  

If you value this property with a 10% cap rate with $78,9884 operating income, it puts the value at $789,840.

Do you have the EIN, bank account, and Operating Agreement?

The property is operating at a loss & the tenant is "soft threatening" you every renewal?

They operate in all 50 states, are very investor friendly & have saved me an average of 30-50% on my coverage.

COREE: this is the biggest one, meet the 1st Tuesday each month2.

Hard to get excited about $480 per month minus operating expenses (assuming I understood correctly)...unless of course you know you can expand as many of your expenses will stay flat while you revenue will clearly go up. 

I know there is some glitz and glamor to "being your own boss", but as a new agent there is so much knowledge that needs to be soaked up, and applied on top of the daily "run the business"/operations items, that it can be overwhelming.

I've c/p'd the gist of the numbers below: Property Specific Inputs Offer Price $ 90,000.00 After Repair Value $ 90,000.00 Rehab/Repair Costs $ 5,000.00 Annual Tax $ 2,315.00 Monthly Insurance $ 100.00  Cash Needed Acquisition Costs $ 26,720.00   Holding Costs $ 692.74   Refinance Costs $ -   Total Cash Needed $ 27,412.74           Rental Income Gross Rental Income 1.94% $ 1,750.00 Operating Cost Assumptions Vacancy Rate 8.0% $ 140.00 Maintenance 9.0% $ 157.50 Capital Expenditures 9.0% $ 157.50 Property Management 10.0% $ 175.00 Total 36.0% $ 630.00 Owner Paid Utilities Electric/Gas ($/month) 8.6% $ 150.00 Water/Sewer ($/month) 11.4% $ 200.00 Trash ($/month) 0.0% $ - Total 20.0% $ 350.00         Cash Flow Calculations   PITI $ 692.74   NOI $ 770.00   Monthly Cash Flow $ 77.26 Net Cash for Deal $ (27,412.74)   Cash on Cash Return 3.38%

(they operate North of the river)While I am an agent I use my license for my own investing.