The emphasis of the post I was trying to make was that people should think about being a blessing while they’re still alive and I do agree that some charities even though they are under that banner are not all what they are cracked up to be.

The risk there is that it's generally floating rate debt which is very risky.

It's my understanding that is the common application, rather than floating, in commercial buildings and much multifamily.

The more you look at and run numbers on properties, the more the good ones 'float to the top' and become obvious. 2.

One thing to look out for is that it will be a floating rate and it could really impact your cash flow.

But it can depend on if it is glued down, or floating.

Float your idea around at local investment clubs.

I owned on facility it had 44  10X20's with 7k sq ft of commercial on top.. its was not a metal storage type facility it was all brick and sticks built with sheet rock walls etc.. it was located right next to the Columbia river so my tenant were all house boaters.. ( its was great) I then put a condo plat on them and sold them off individually ( very nice play)  So the house boaters could add this Garage to their homes increased the value of the floating homes..

At least that’s what the giant banners say.

Do you manage them as one entity, or do you know what each property is costing you *what portion of each mortgage are you having to float personally?