Published at Wednesday, May 02nd, 2018 - 09:14:57 AM. . By Tordis Lovise.
Dean Gino had owned a few businesses and managed individual projects, but in 2012 found he had time to spare. His wife suggested embarking on a housing project. Dean had never built anything before so he decided to give it a shot. He thought it would give him great entertainment, education, and experience.
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.
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