Published at Thursday, April 19th, 2018 - 03:26:00 AM. . By Fernande Jeannette.
Once tenants move in, they pay minimal rent and utilities (e.g. $300 a month rent for a 300-square-foot home and an estimated electric bill of less than $35 per month). After three years, tenants are offered a contract to rent to own their homes within four years. This lengthy process is designed to help residents become disciplined about bill paying and the responsibilities of home ownership.
The aim was to build the home cheaply and quickly and sell it at a profit. He settled on 4 bedroom 2.5 bath Plan 48-516 because it seemed to fit the lot. The pitch of the roof which was originally designed for snow loads -- was unnecessary for this area so he asked the architect to change it to a shallower pitch.
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