I always wrote off town homes as being not feasible investments as the HOAs would cause issues and cost too much.

It's shared storage space with another tenant, as designated by the landlord, but not common space available to the landlord and/or manager.

It is contingent on a 30-day feasibility study due to foundation issue. 

Upgraded storage in the utility room.

Some years ago, a borrower and I helped an elderly hoarder move some of her belongings to a storage locker.

I believe the sales market is at a peak and markets have been saturated with new investors over the last ten years, making it harder to find a deal that can weather a recession.If it were me, I would quickly educate myself on self-storage and then try to find a self-storage facility off-market through direct mail or cold calling.

and even with current occupancy rate we will be able make debt payments and save around 5% or more (cash-on-cash), our plan was to ground lease the empty land or build a storage units or something after few years.Please suggest if we are missing something here in our calculation.  

I know the property she is looking at she will be able to afford, will probably be less than rent and storage fees she is paying now. 

The cost of disposal and or storage is charged to tenant" be suffice.

I was interested in house hacking in NoVa/DC and was curious about others' thoughts with respect to feasibility and any personal experiences house hacking in this area.