In 2018, we built this cottage four times for our own portfolio. Each one rented quickly, and we are very pleased with these new homes. With the land and building costs, we have about $130k in each house and each one rents for $1270/mo. That makes the rent almost 1% of the cost, which is our goal. We plan to do many more of these cottages as we find lots at the right price to make our numbers work. So, instead of “buy and hold” rentals, these are “build and hold” rentals.
