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Detroit's tiny homes offer big chance for struggling residents

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Cass Community Social Services built 25 houses for less than $45,000 each by drawing on the help of construction and design professionals and volunteers from the community. Low-income earners were then invited to apply to become rent-to-own tenants of the central Detroit homes . tiny homes offer big chance for struggling residents" /> Copyright 2017 CNN Cass Community Social Services built 25 houses for less than $45,000 each by drawing on the help of construction and design professionals and volunteers from the community. Low-income earners were then invited to apply to become rent-to-own tenants of the central Detroit homes . Related Content DETROIT (CNNMoney) - This is Detroit, not Hobbiton. Just like the tiny homes of the hobbits in the "Lord of The Rings" series, the Cass Community Center Tiny Homes Project looks cute. But its small buildings house big hopes . Four years ago, Detroit became the biggest American city in history to file for bankruptcy, brough...

Why AvalonBay Is Not In My 'DAVOS' Portfolio - AvalonBay Communities, Inc. (NYSE:AVB)

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I just finished my all-new DAVOS portfolio that includes the following best-in-class REITs: Digital Realty (DLR), American Tower (AMT), Ventas, Inc. (VTR), Realty Income (O), and Simon Property Group (SPG). As a reminder, the DAVOS REITs were picked because of their high-quality attributes and most importantly for their dividend repeatability. While these REITs do not represent all of my favorite picks, they embody a diversified basket that serve as a proxy for robust dividend growth in the REIT sector. I’ll be honest, the last pick was the hardest. It was easy for me to select DLR, VTR, O, and SPG – because these four REITs have scale, experience, and muscle – all essential elements of durability. However, I was torn between the last pick, debating most of my Saturday as to whether I would go with American Tower or AvalonBay (AVB). I was really leaning to go with AvalonBay, but I decided at the last minute to include American Tower . It was a tough call, but after reading this ar...