Sound feasible or no?

I have an industrial outside storage property that we purchased in 2021 which was already set-up as NNN.

Once you can evaluate various deals, try to diversify geographically as well as asset class (Multifamily, self storage, mobile home parks, RV parks, BTR etc) and sponsors.

To each their own...but as a long term investor if I can get metal then I do...if it's not financially feasible and there's not a good return on investment then I would go with asphalt shingles.

I currently owe $350k on my mortgage, and the home is valued at over $675k, so it seems more than feasible.

Oh... there's actually a small storage facility included with the purchase that has I think 10 or 12 units, all of which are occupied.

I working on an opportunity for hard money lending for a self-storage project.

In fact, I have some properties where the duplex does have a garage and I rent it out to someone else who doesn't live there for storage.

They can do a feasibility study for your site to help you determine your options for a small fee, before you actually pay for designs and construction documents.Third, do not think that just because the zoning says you can have a max number of units per sf or per acre that your site can max that out.

Common income and costs that affect the return on a rental home include:Rental incomeSecurity depositOther income (pet, storage, laundry, roommate, etc.)Leasing feesProperty management feeRepairs and maintenanceLandscapingPest controlUtilities (sometimes found with small multifamily properties)Mortgage paymentsInsuranceProperty taxesHOA feesDepreciation expenseOwner expenses (such as traveling to an out-of-state property)Read this article for detailed information https://learn.roofstock.com/bl...All the best!