In order to get a line you would need 2 years of operations, and have an operating company - like a property manager or a construction company.

Operating an LTR is quite different from managing a short-term rental , so I'd recommend focusing on mastering one strategy before expanding your portfolio.

In most places that started with a notice to pay rent or get out (pay or quit notice) with a specific time-frame to comply.

I want to provide a safe, structured living environment for individuals transitioning out of recovery or other challenging situations.I’m new to this process and was hoping for advice on the following:How to navigate zoning laws and permits in Montgomery for this type of setup.Licensing requirements for sober living or group homes.Strategies for finding residents or partnering with local organizations.Financial and operational tips for managing this type of property.I’ve heard zoning can be tricky and want to ensure I comply with all legal and safety requirements.

I hope this question makes sense as this is our first year filing and our first full year of operation. 

Remember NOI, or net operating income is the basis of market value in rental property.  

hmmmm, raising capital for operations vs each property?

If the seller is trying to avoid legal issues with the city for illegally operating a property I would get out of that.

As the owner of Oz Realty, I wouldn’t recommend any other property manager in Toledo to take you on.Most companies don’t allow landlords to use their own contractors for repairs due to internal operating inefficiencies. 

The cost segregation studies that typically yield the highest credits and deduction are for properties valued at $150,000 or more or that have lots of added features such as components to operate or high-end custom finishes.