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Updated over 7 years ago,
Transitional housing for substance abuse program.
Thinking of partnering with local substance abuse recovery nonprofit to find and run some single and multi family transitional housing. I am under the impression that the group would manage the houses, collect rent, and I am only needed to find a few good dwelings, getting financing to personally purchase property's and rent to the group that would then "sub-let" To people in the program- Anyone know of problems that I could not be for seeing? Best way to structure the deal? And anyone looking to invest? It is a well run and growing group that is changing lives on a daily basis and I am wanting to be a part of it.
Thank you for any help!