A couple expectations to clearly communicated upfront with tenants:-parking-food storage-common area cleaning-quiet hours-communications with land lord (email vs text).Best of luck!

We generally only do interior renovations when a unit is vacant but we’re making arrangements to do one while the tenant is there early November and she is renting a storage Pod for all her belongings except a large wardrobe.

The State laws will differ, but in NC, you can store the tenants items and charge them for said storage, unless they agree in writing to having the items thrown out or a family / friend can collect the items on the tenants behalf.

Expenditures that are eligible are:Solar powerFuel cells (up to $500 per half kilowatt of storage capacity)Wind energyBattery storage technologyGeothermal heatingBoth newly constructed homes and new builds are eligible for this tax credit.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

RV/Boat storage or lease as a contractor lot

Many professional retirement fund investors use their Solo401k to buy a property ( short term vacation rental or self storage for example)that a Property Management Company will NNN lease from them at a rate allowing them to lock in a fixed 20-25% annual ROI.

.- Also invested through a group called Radiant Storage.  

Today for even as little as $100K you can build a diversified real estate portfolio that  spans multiple states and includes multiple asset classes  including multifamily, student housing, assisted living, self storage and retail.

I have a question about self-storage conversions.