Any building of multiple living units, owned in the entirety, by one person or entity.
Construction of building may be of wood, concrete, cement, steel or a combination of these materials.
Units are leased to individual tenants for limited period of time. Typical leases are for one year periods, but could be rented on month to month basis or for agreed periods, up to 3 years.
Owner is responsible for the maintenance of the building and units, and the utilities, unless sub-metered.