It also required that each state pass it's own version of the SAFE act, which could be stricter than the federal version, but not less so.Check with a local attorney (a very experienced private lending or real estate attorney, not the garden variety title company) and find out the requirements in your state.

Maintenance, cleaning, gardener (don't expect your tenant to take care of it) will put you in the hole another couple hundred when averaged out.

Now granted, they are kids, mid 20's, but even if you have never help your parents, grandparents or watched Gardening by the Yard..

Targeted buyers are primarily those who do not want to be bothered by external maintenance typically associated with home ownership, sometimes because they only live in the patio home for part of the year.[1]There is not usually a legal definition of a patio home, and some houses called patio homes may alternatively be marketed as townhouses, garden homes, twin homes,[2] or carriage homes[3].

Note: Surface The area of the home and garden such an indication.

And if someone rents a single family, and has to care for the garden, do they possibly want to do their own thing in there?

Our condos are all custom built singles or duplexes in a beautiful wooded setting with many perennial gardens, wildlife corridors, etc.

I want to do some vegetable gardening, play some golf, travel with my wife, maybe a little hunting and fishing but only if it includes hanging out with "the boys".But most importantly I want to have enough that after taking care of my wife and kids just be able to give some away.

I've known of condos where the association fee included the heat.But mostly, I think you are paying for convenience and could do maintenance and gardening yourself (your own employees) for cheaper.

My hobbies include hiking, gardening, and above all Real Estate.My main goal is to build my portfolio by networking with others in the industry, especially likeminded investors interested in using their capitol to benefit from my tenacious work ethic.