Camper Pad Idea in Nashville
Hello BP!
My plans to buy MFPs are on hold until I can sell my house in MD and use the cash for investment. In the mean time, I have this great spot in East Nashville, corner lot, secluded street, etc that I'd like to use to create some more income. Originally, I thought I could use the extra yard space to build a garage/apartment and rent this out but this would cost upwards of $150k and I don't think would be worth losing my good interest rate with a construction loan. I don't have enough equity for this yet but maybe in the future.
Anyway, I moved down here to TN in my camper two years ago and the camper is now in storage since I bought the house. I thought I could leave the camper at a local campground and stay in it while my house is short term leased. Campground rentals around here are so expensive at around $800 a month not including electric so this would cut back on my income. So...I had the idea of installing a concrete pad in my back yard, sprucing it up with a privacy fence and maybe a patio and parking my camper there! I'd have to run power, water and sewer to the camper if I were to do it right but I'd immediately save the $110 a month on storage fees and could easily go back and forth between my house and camper when I have people staying. I know it may be a weird idea and I don't even know if Nashville will allow it but I imagine there is someone out there with some insight. Thanks in advance so much for any tips, thoughts, etc you can offer.
Jimmy