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Updated over 6 years ago,
Converting a rental property into a Group Home, any advice???
Hey BP Community, I was wondering who all out there has had experience with converting your rental property into a group home or sober house for ex-substance abuse clients. I see this as a great way to add value to people's lives and create more income at the same time. I am a product of parents that dealt with substance abuse so I know first hand the need and have a passion to help people in this area.
What are some of the challenges that you have dealt with, what are some of the most common mistakes? Overall what has been your experience in this niche of real estate investing?
Best regards,
Marlon Long