Published at Thursday, May 03rd, 2018 - 03:35:59 AM. . By Fernande Jeannette.
Open floor plans offer easier conversation but little privacy. Challenges of Open Floor Plans. As much as we rave about the space, light and flow that a large, open room gives us, there are certainly some challenges. Obviously, some privacy is lost when you tear down walls and join everything together. Talking on the phone in the kitchen while your kids are watching TV could be difficult.
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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