You have to decide your business model and how hands on you’re willing to be.That being said, from a pure numbers perspective the key metrics I look at are cap rate and cash- on- cash return.

I've been working on a business plan for it using the senior living housing model without the ADA/medical component. 

Some are just fine with it and have a flat fee model for such practices, etc.  

This means that we can go 17’ wide if they are detached side by side, or stagger and lose the road frontage for one home while gaining a more favorable design in my opinion.Design Details Size - ~1740 SF3 beds, 2.5 baths2 car garageportDesign will have some contemporary and farmhouse aspectsConcrete slab foundation with polished/stained concrete floors on 1st levelHardwoods on 2nd floorTile in wet areasFinancials – Will post a picture of my model, but here is a quick overview.

I would love to sit down with someone who has used this model in the past.

BBB's business model is extorting businesses.

The arrangement I have with my builder is I'm 100% at a cost/plus model.

It's a multi-faceted/family business model. 

When something breaks you need to fix it immediately so it would be challenging to get to a model where it is completely passive.

My understanding is that I should be able to access this equity without a “cash-out” style refinance.