Renting SFR as a group home

[Josh Welch]

Hello everyone! I searched the forums for a post on this topic and didn't find one. I am in a precarious situation with a 4bdrm 4 bath SFR in Orlando, FL as in I have someone interested in renting the house as part of a group home for recovering alcoholics exclusively to women. It's a for profit company that runs this and the owner has a few properties in central Florida she rents from in this manner. There would be up to 7 women in the house as part of this program at any one time. The pros are 2 yr guaranteed rent from the company, not the individuals living there, a maintenance crew that works for the company and not out of my pocket, supporting a good cause. The cons as I see them, excessive wear and tear, possible issues with the neighbors, someone relapsing on my property and causing harm to the property and/or others. My question is first of all, does anyone have experience renting SFRs as group homes? Secondly, do you have a special lease agreement that allows for you to take a larger than normal security deposit due to the heavy traffic and higher chance of property damage? Lastly, are there any other things I need to think about before agreeing to this arrangement? Many thanks! Josh W.

[Haley Fairbanks]

Josh Welch take a look at Oxford House Inc. They have a detailed handbook that covers everything that was discussed in this post. If you connect with them they will give you a local outreach person to talk to. Great nonprofit!