Plus if the tenant was to build it themselves they probably would say yes to splitting the cost of construction on a pergola or arbor...

Rinse and repeat Lastly, this model works only if you have a rock solid job (healthcare) rather than tech or business(much more volatile).  

Enter destitution.This is the part where I feel like going into a long diatribe about how fcked up the healthcare system is in the USA, and the need for universal coverage.

We are far from perfect, and our winters are not everyone’s favourite climate, but on an international level it is hard to beat the safety, opportunity, education, health care, natural resources, and financial stability which Canada has to offer.

Are you in the Arbor Hill/Clinton ave area?

During the day, I'm an attorney, and my firm almost exclusively works for health care clients.

My background is from insurance agent to health care and now working in health care as a physician assistant.  

A simple will or living trust with an elder care attorney, along with durable powers of attorney for asset-management and healthcare will avoid a lot of headaches.

Mike, when you're in the Ann Arbor area come check out our REIA.

Huron Valley Financial in Ann Arbor reportedly has a one-close construction loan so you don't have two sets of closing costs for the end loan.