So, the owner would continue to live in the house until passing or medically retreats to a nursing home care.At this point I am proceeding to view the property and collect documents for tax/mortgage/title/bills/insurance/permits etc… and start running the numbers.

I live in Miami most of the people in Miami work service jobs most of the people in Miami make under $20 an hour and I guarantee you that when the economy turns down the waiters the waitresses the cleaning ladies the bartenders the massage therapist the yoga teachers all suffer and a lot of them lose their housing

Maybe it's not meant to be a residential rental - but an Artist's Studio - a retreat for someone to go and create. 

that story of two hotel employees is old as the hills.. in various forms I first heard it during the dot com bubble of 2001.Heres the thing with waiting out markets.Unless your all cash .. in a retreating market or down market the lenders are also retreating and not loaning.And or credit gets very tough especially for investment properties. 

Yoga/Pilates studio.Opening a community garden and hosting a farmers market.  

Investment Info:
Single-family residence buy & hold investment in Evans.

Purchase price: $389,900

This property is rented as an Airbnb.

What made you interested in investing in this type of de...

I just figure to retreat about every 8 years.

Go out on a goal setting retreat with my wife to identify the "whys" and action plans more in details6.

We're talking places that charge you $20,000 for a 3 or 5 day retreat and when you leave you have no hands on experience.

It has been a really hot time to buy there in the panhandle and with STR/ Corp Retreat homes on the rise, I was interested to know where you found your niche.