3 ms·
Utilities, risk of vandalism/squatters (where depending on your location can be a real pain to get rid of), tax, mortgage payments. There are very fringe scenar
by aksss 3y ago
Utilities, risk of vandalism/squatters (where depending on your location can be a real pain to get rid of), tax, mortgage payments. There are very fringe scenarios where using a such a facility as equity on another loan depends upon maintaining a certain occupancy rate in the building. I can imagine all of the above causing stress depending on your income situation, expense obligations, indebtedness, and proximity to the building in question.
- WalterBright 3y agoInsurance problems, too. Insurers do not like to insure vacant homes.