if you do go log home i am interested in trying the butt and pass method but with squared off logs. as the previous poster said, the sap wood isnt nearly as rot resistant. the butt and pass pinned with epoxy coated or galvanized rebar should last a really long time.
i would want a full overhang all the way around 24'' or even better a trussed out 36-48'' overhang or wrap around porch on any wooden structure around here. my house is painted cypress and the sides that don't have overhangs get beaten by the weather and need to be repainted every couple of years. my siding covered by the front porch roof looks brand new.
bugs are no joke either, termites around here will demolish any wood in contact with the ground, carpenter ants can get up inside the house, powderpost beetles will even eat dry lumber. Although i think you can treat wood with a borax solution to keep these things at bay and it is not a terrible chemical for us but you need to keep the wood dry or the borax washes out.
just a couple observations.