Startup offers to build studio apartments in homeowners' backyards and split the rental income

That’s maybe a little dishonest from Techcrunch. Had to look elsewhere to see that they have a lien on your property, not just in “the unit”. This is really what sinks this idea to my mind.

As much as I’m very in favor of adding auxiliary units (it’s a great way to add density to single family areas without freaking people out). But holy hell run, don’t walk, away from this deal. If you can’t finance it yourself, then don’t do it rather than give a bunch of strangers a 30 year lien on your property.

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