I see a lot of places with BIG barns that look to be in good condition. My musing - a company or non-profit that would turn them into rental apts, and possibly manage them if the owner does not relish being a landlord.
I can't figure out how the financials would work though. The company would have an upfront cost, the owner would have improvements to his property, and the rental income would have to be split somehow. Like I said, musings.
lottabigbluewater t1_j6yga7v wrote
Would be great, but there are problems. Zoning problems, structural problems (weight of an apartment not able to be supported with the current existing structure - need to reinforce inside) = financial hurdles to jump through. Would be cool though!