The cottage is 250sqft.We're not quite sure how to deal with the gas and electric bill.

Part of it is they definitely want the tax money coming in, but also there are many that are renting part of their house or ohanas (small cottages on their property) out as a vacation rental instead of long term rentals.  

She owns a 700 square foot cottage in the Town of East Providence, RI.  

We were barely getting by...macaroni and cheese and overdraft protection on our checking account were our two best friends.Around that time my mother had no place to live and found her way to our couch along with my two much younger sisters. 

If you have no experience you will probably not get any financing and will need to do the entire project out of pocket.That's a hard one.. we all have to start somewhere and most that start are in the trades and understand how to build and what it takes.. easy to get burned big time.That's why you have this whole cottage industry of fix and flip most anyone can buy a run down house and get a contractor to fix the kitchen bath and other items but from ground up that's a whole nother kettle of fish

We're excited, we just closed on a foreclosed cottage in a resort area in northern Michigan. 

The property is a cottage.

I saved up $3K (6 months of macaroni & cheese) and borrowed $3K and got a FHA loan on a tri-plex.

Most entrepreneurs have read the book.Another excellent and short read is “Who Moved My Cheese”.

Also they had been previously evicted,something our PM didn't tell us.What I find totally ironic (from some research)....is they seem to have an expensive cottage, have aboat, and could (I'm assuming) afford an expensivewedding at an exclusive club for their daughterjust months before moving out.So, we are trying to recover as much as we can.