In colder climates that was a common solution to freezing issues.

Wish I could live in this climate all year round!

I just used Climate Guard and I'm Irving Park adjacent.

I've noticed that the self storage places near me are pretty consistently renting at $1/sq ft.You could potentially build climate controlled units in the office area.

In present climate, unless you have significant experience and an established track record, then I would not expect to see 100% financing offered.

I do not believe I would be able to find a vacation rental for under market value in my area in the current economic climate.

I've been advertising and have agents working on it for two months now, and even advertised at a reduced rent but no bites in the current climate.  

Average cost to build covered, and climate controlled units.For those so gracious, I would be willing to pay $/Hr to jump on a zoom call to walk me through the underwriting process of evaluating these sites.

Typically HELOCs have adjustable rates and if the banking climate changes I believe the lender can actually cancel them at their will.

I don't know if today's climate of the city recognizing a need for more housing might make some sort of small difference (something you'd have to discuss with them) but, other than that, this is an accident waiting to happen.