The original tenant was a Godsend and honestly just paid us to use the 1350ft^2 house as a storage unit for a year and a half, unfortunately she has moved on.

That will give you immediate insight into the timeline and feasibility of accomplishing your goals. 

Also on the property is a one-car garage/workshop and a storage building.

(Storage expenses!)

The rents are as follows:Floor 1: 1350Floor 2: 1350Laundry Use:Floor 1: 50.00Floor 2: 50.00Garage RentsGarage A: 125Garage B: 125Garage C: 125Garage D:  (Vacant) (There is room in the basement for storage but no current charge or use of the basement from the tenants for storage)Please comment with thoughts, questions, or any concerns you see that I may be encountering and if I finally have something worth pursuing or should I rock out in my current living situation for another month...lolThanks,IsraelView report*This link comes directly from our calculators, based on information input by the member who posted.

I am new to the idea of Commercial Real Estate, especially self storage units.

Let me give you some color about myself, financials and rentals units: Prior to US as a family of five we were renting 200 square feet storage since that was the only thing we could afford.

The rents are as follows:Floor 1: 1350Floor 2: 1350Laundry Use:Floor 1: 50.00Floor 2: 50.00Garage A: 125Garage B: 125Garage C: 125Garage D: (Vacant)(There is room in the basement for storage but no current charge or use of the basement from the tenants for storage)Please comment with thoughts, questions, or any concerns you see that I may be encountering and if I finally have something worth pursuing or should I rock out in my current living situation for another month...lolThanks,Israel

Lately, on most of the corners, nice fancy self-storage facilities popping up? 

There is some sacrafice in this plan but if you have the drive and want to accomplish it,,,I see it as a feasible way for someone with nothing to make their financial life into something.