Maybe there is a lesson in that too...The EconomicsLets talk some cold hard numbers...

This one would make me nervous too. The

It is a high risk endeavor as there are costs to construct, the $90-$110 per SW ft number but also the soft costs which are tap on fees, permitting, erosion control, appliances for kitchens if you provide those.

But you could do that (learn landlording) by selling it and getting into a duplex, too. The

Same goes with the lender too. The

Hopefully too, the installment contract was made prior to Dodd-Frank or you may have other issues.Speaking of installment sales and buying the paper, I'm not really sure who the IRS hits up under the new "equitable exchange" rules that constitute a sale for tax purposes.

You could sell it, too. The

Often you'd have smaller formal living rooms too, the look don't touch or go in there room.

It may possibly apply to your County Clerk too. The

The fire was 2 years ago according to a neighbor and it looks like it was vandalized inside at some point too.  The