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Updated almost 8 years ago on . Most recent reply
Tiny House rental park?
I am totally new to real estate, so I apologize if this is a silly question. I was wondering if it is possible to buy a plot of land and build multiple "tiny houses" on it to rent out. Would there be any issues with zoning, permits, etc.? It would probably be 5-20 houses, all between 200-400 sq. Ft. per house. Any ideas on how much a project like this may cost per house, not including the land? Thanks for any input.
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@Ryan Gady, there would most probably be issues with zoning. After you decide on an area, the first questions you should ask are about mimimum dwelling size, lot size, etc. Also find out about utilities. What does it cost to tie in to the water, sewer, and electric.
Tiny houses will be much higher per square foot than a larger house. I have 2 tiny houses on wheels, one that's 8' x 18' and the other that's 8' x 20'. Those were both less than $35K. I am fortunate that we live in an unincorporated area out in the country, so we don't have zoning restrictions.