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Updated almost 3 years ago,

User Stats

98
Posts
127
Votes
Michael H.
  • Investor
  • Kennesaw, GA
127
Votes |
98
Posts

Opportunity to have a non-profit rent one of my properties

Michael H.
  • Investor
  • Kennesaw, GA
Posted

I recently came across an opportunity to work with a local non-profit that is considering renting one or more of my properties. They help women get out of bad situations by providing housing, counseling (mental health and career), etc. The basics of the deal are as follows:

2 year lease in the non-profits name, not the tenant

they perform vetting of potential program attendees including criminal and credit checks

They furnish / partially furnish the apartment

The requirements for the women to remain in the program are pretty strict, must attend weekly counseling etc. 

What questions should I be asking of the non-profit? Anyone had similar experience? Good? Bad? Otherwise? 

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