I’m looking at investing in a storage facility but would like some input on the numbers. 160 units mixed climate & non climate control40 rv/boat spotsGross rent(includes uhaul) 220,000Expenses 129,000NOI 81,000The expenses aren’t verified and some items seem low.

A partner and I own a warehouse in a small market that we're interested in converting to self storage, but it's in a "mixed commercial/residential" zoning part of town, and the only zoning classifications that are permitted to build self storage per their code are the purely commercial zones.

Also, I will be buying this mixed-use commercial property under a LLC, please let me know if that makes any difference for this type of decision? 

Not unlike nearly every letter in its name. 

You should understand from the beginning that each LLC should have a separate bank account and books in order to prevent "piercing the veil" or mixing business with personal.

For use to convert a two story SF residence into a four unit residential or mixed use rental structure.

I would be willing to lay the ground work and producing the Yellow Letters.

Ideal mix of capabilities.

You can always be extremely picky and be looking for the pet parents that show up with a microchipped pet, happy to provide you with up-to-date vet and vaccination records, letters of recommendation for their dog(s) and an offer to let you meet the animals. 

I was told by the property manager we can write a letter to the Association that will be given to counsel.