Quote:
Originally Posted by Susie Cougar
You have stated many times that you really do not want to be a landlord. Also, you have a list so long of all the things that you need and want to do. You mentioned as a possibility that you would tear down the cabins and build a new home for yourself. How about selling off the cabins? You said that you could create another lot so instead of giving yourself more things to do, you would have some extra cash to fix up the main house.
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Ideally we want to sell off half the property. But it will take time and we don’t know if planning boards will allow it. The day of closing will have renters, some into October. So we need to have something (liability insurance) in place as of closing even if it’s not long term.
If we can’t sell off half we might have to rent for a while to build up some cash. Meanwhile I can do some improvements that don’t involve a lot of cash.
A lot of things I don’t have control over.