I have spoken with an agent/PM in Detroit that somewhat scared me away from the Detroit market (eviction rate is currently 8% down from 20% 5 years ago and such a different environment that I'm familiar with).

Not having the latter I find myself on a journey to build a portfolio not just for wealth's sake, but to move the proverbial needle on beautiful design and provide a more pleasant built environment for all!

Its essentially in the longterm best interest of the property owner to ensure there is a non-compete clause in all leases; merely for the benefit of securing longterm relationships with the tenants.A diverse tenant mix can attract a wider audience and contribute to a more vibrant environment.

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.

How have they dealt with problem tenants and what seems to be a challenging legal environment for a landlord?

Those that deal with the 12 1/2 % remaining have a chance for much better success OVER THE LONG TERM, in all economic environments.  

Naturally, she wants to be in a more comfortable environment to welcome our son into the world.However, there’s a legal hurdle.

The regulatory environment is the first thing you should consider when buying a STR here - it is both the worst and best part of being a CO STR investor.

Even on a high interest rate environment  the market has been climbing.

Things are different now and we certainly aren't in anywhere near the same situation as 2005, but it's interesting how a similar environment of sustained prosperity makes the exact same kind of "new and innovative strategy" companies pop up.And based on the responses I'm seeing, I'm sure these guys do a bang-up job of selling their strategy and motivating their clients...not a bad thing at all if it leads to a change in their mindset about money and how to build wealth.