Hi Pal,Why not you sleep in the shed after fixing it up, and rent out the more desirable house for more money.You would essentially be living free, just you, your microwave and a mini fridge, use a blue porta-potty and shower down at the gym, get water from the house spigot out back.Then you would not even have to fix it up much, just enough to keep the spiders out.How much more a whole house would rent for vs a shed, and maybe put up a wooden privacy fence, so the renters would not see you coming and going.Tell them you are eccentric, or just like communing with nature.Good Luck!

Here's a qucik mockup of the garage more matching the house.That foundation, wow, what a mess.If it were mine I would have a structural engineer and maybe a soil engineer come out and give an opinion on it.It's sheer weight may have made it crack off like that, no rebar, etc...If it's was salvageable, maybe I would jackhammer away the broken parts and reset the walls on the good part. making the garage smaller.Disassembling and bracing one wall at a time and increasing the overhang of the roof.Then when done, gypsum board the entire thing inside and paint it ceiling white.If it were  my personal garage I would Pink Panther insulate it and use a space heater for winter comfort.It could be a nice little gym for renter who works out.Also, I would have an electrician verify the electrical is hooked up correctly for garage (because the concrete seems amateurish I suspect the electrical may be too).

My roommate, who was a varsity athlete, taught me how to work out at the gym and eat a better diet.

I am contemplating calling a few places  (such as a gym and maybe a restaurant or two ) by my property for special membership offers/discount offers, and leaving them in a clear bag on the counter for my new renter.   

There are already hundreds of existing motor home parks as well as "resorts" with amenities like swimming pools, gyms and landscaping with sewerage and fresh water supply that conforms with the local zoning laws.

I wanted to know if anyone has experience with having a gym on one of their investment properties?

Two swimming pools, an indoor gym, a dog park, and more).

Do they go to the gym, attend RE meetups, charity events, certain conferences, church...etc?

Hi @Elisheba Kihara, joining REIN or Keyspire is sort of like joining a gym.

Their bank can set up an EFT just like your gym, HOA, credit card does.