Sober living investing

[Shai Flax]

Hi BP!

Are there realtors/investors here who are investing in a sober living? I'm thinking of starting to invest in this niche. 

And if you'll be from PA (and Pittsburgh specifically) that's even better.

Thank you in advance,

Shai

[Susan Dellea]

@Shai Flax

but first, you should know that there isn't such a thing as getting a manager who is "recovered".  A  prospective manager would say that he/she has been sober for x number of years and would say that they are "in recovery".  There is a reason why it is "One Day At A Time".  Liv-in managers are peers to the other residents and they can relapse themselves.

regarding your question, the main reason might be that people in recovery and in the industry would question anyone's motives.  There is a long history of people getting into the sober house business for the wrong reasons.  There are lots of horror stories.   People in recovery are a vulnerable population.

I forgot to mention that another place you would learn more is by getting the certification training by PARR, the Pennsylvania Alliance for Recovery Residences or by the local  NARR chapter, if you are looking to invest in a different state.

Best of luck with your investing.