Is anyone using SBA loans to develop and hold assets like self-storage facilities? 

- I like to use the detached garage as my storage and had plans on eventually making it an ADU and i feel that itd be easier to have tenants agree to me coming in and out of the garage if they are already sharing the property with other tenants rather than if I am renting the whole house to a single party.

If i remember right the law says that i have to store the tenant's belonging for 30 days.A storage unit + moving his junk will cost me about 1k and if he doesn't pick it up it will cost about $400 more to get rid of it.

It is important to keep these records under lock and key, and, if storage space is an issue, simply pare down to a comfortable level or archive the records in a storage facility.

If they moved everything into storage or basement and stayed in a hotel/with family while you renovated then that would be the only exception I would say.

It can be through improving the property and doing a cash out refi, selling some equity off to a money partner afterwards, selling the property entirely, or literally selling off a piece of the property (if it's a large piece of land you could subdivide and sell off a piece to a developer).Or your Escape Plan can involve not having a need for an Escape Plan because you're not putting money into it in the first place by going into the deal with a money partner, getting seller financing or a seller 2nd.So moving forward you need to figure out how to increase the value of the 2 properties you own (increasing rents, adding another revenue component (can you put a garage or storage shed that you can charge for? 

That doesn’t leave a lot of storage space.

Industrial zoning with decent connection to an expressway.Parking lots and storage facilities are a business operation, like self storage. 

Standard Charter Bank is getting into storage and transactions, PayPal is offering crypto purchases and are seeing higher than expected demand and are rushing to rollout the global offering.

Materials namely wood has doubled and some items have tripled in cost in the past 150 days.Then your permitted contractors @ plumbers, electricians, HVAC/Furnace , are out 4-8 weeks and their bids are about 150 % higher because they are so busy.Unless you have a storage shed full of material and your contracting business allows you to do the high end permitted work,  I would be very careful.I suggest building 6-8 units on the same lot and have 2/1 rents of $1300 or sale as needed for $169,000.