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Updated about 4 years ago,
Buying land and building kit homes for rent
Hi BP. I’ve been considering the advantages and disadvantages of buying land/rundown properties and leveling these areas to build cheap kit homes/warehouse homes which can be beautifully designed for cheap and last a long time (quite sturdy as well).
These would then be rented out to tenant(s) and potentially have multiple units.
Is there any issue with doing this in terms of legality? I know doing this in an HOA is probably not going to happen, but what other situations should I be aware of?
Thanks!!