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When I was a kid at my parents house in Ohio I had equipment in the garage get rusty because of condensation. The humidity combined with the temperature variations in that geographic region will cause a lot of condensation in stuff. It shouldn't hurt for a short while but would recommend a place with a more consistent temperature for long-term storage.
thank goodness for the climate in west Texas. very dry and warm...never have a problem with rust from condensation.
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