Another idea I have is to build a community of similar but different simplified houses fairly tightly grouped together for a bargain price. By using a simplified design but using a decent number of various design elements, it would be possible to build inexpensive housing for a great many people and still have each one be unique. Also by contracting for the purchase of important house elements, such as lumber, plumbing, appliances, etc., in bulk, it would be possible to bring down the costs of each house, thereby making each house more affordable.
Cost: $45,000 per house * 100 houses = $4.5 million
Profit: $50,000 per house - $45,000 = $5,000/house * 100 houses = $500,000
I anticipate that at a selling price of $50K per house that the entire 100 house community would sell out in a month or two, maybe even before the first house is built.
