A San Francisco founder funded a startup's operational burn by purchasing residential properties to use as rental startup houses

The strategy relied on existing homes rather than constructing new buildings.

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@kimmaicutler I know a guy that actually did this - raised a bunch of money, bought giant SF start up houses, then used the rent revenue to fund his burn indefinitely.

A San Francisco founder funded a startup's operational burn by purchasing residential properties to use as rental startup houses

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