With as cheap as storage is these days, either locally on an external hard drive or even better in the cloud, there's not a big reason you can't keep the records for years.

What I mean is that in this current deed, the owner has the one property listed as 'storage' because it is not habitable by tenants.

This is not a topic that I hear about a lot, but Ive been sent Marina for sale:-holds 75 boats-pavilion area-huge garage (steel bldg. presumably for winter heated storage for boats)-large fenced in storage area-asking $160kI am honestly wondering about the liability aspect of the water, does anyone have experience with this? 

If you pass your feasibility cutoff and aren't protected with a good finance contingency your earnest money is at risk which can be as much as 1% of the purchase price.Little more to it than fresh debt but it can be worth it if you get a good price and the interest rate works.Just know what you are getting yourself into but it can be a good thing.

I use them for all of my file scrubbing, storage, and recording needs so I will try them for my next O&E report.

Is anybody on here currently developing mini storages?

Currently my wife and I manage storage units where we also live ( in the apartment above the office) we pay very little for rent and are happy where we are at for now.

I sold my 1/3 portion of a self storage business in 2014 and am taking payments over time.

Without being patriarchal, you want to make certain that repairing or establishing their credit within the option period is feasible and that they have a solid plan to build/repair their credit in-place.     

After many emails, he let me know that he just purchased a new storage facility and was unloading his small properties to focus on this facility.