Alternatively you can target cities with commuter rail access also that'll help with the rental population.

Orlando had an increase in the population of over 60 thousand people last year.

@Austin Largusa The property and the lease/tenant are two distinct items...so, unless you are dealing with a property owned by the housing authority or their subsidiary, built with tax credits or receiving tax credits, it's not a section 8 property...and section 8 is really a mis-used term...it's actually called a Housing Choice Voucher and they are used across many populations from at risk of homelessness, to corrections re-entry...to house veterans, etc.

Sounds like a good deal to me as long as you’re confident in the numbers and the area has strong population/economic growth. 

Since I have never worked with a partner before or owned self storage I would be interested in any advice.The property is a small facility currently 28 units in a town with a 7,000 person population.

I would recommend Columbus over Cincinnati because of our population and job growth.

What were the population demographics in the area and the usual 1, 3, and 5 mile radius?  

I could be wrong but When I hear people say that if you buy at 20 it will always be worth 20 I can’t help but wonder about that idea when the cost of lumber and supplies keeps going up crazy at my Home Depot and the good areas with high rents keep getting pushed up and taxed up making it unaffordable to most , then I consider our population .we double in size in this country every few decades .seems  They keep making people but not anymore land .

I can also get anywhere from a 1/4 to 1 acre of land downtown ranging from 4K to 8k. keep in mind where I live has a population of around 8,800 people but is within 1 hr or less of major cities.

The population as well.