See what is possible thru Special Use or Variance permits.4. 

It is also helpful because we are Realtors and real estate investors and it provides a cushion for months that are leaner than others.

Quote from @Burke Atkerson: With over a decade of real estate investing experience and over 100 flips, I now provide private money & hard money loans.

I'm considering partnering with a non-profit that would manage the sober-living program; with me just providing the house passively for rent on a per bed basis. 

We work with an agent who specializes in leases and let her know of the properties we have available for MTR and she brings in a few reservations every year. 

Multifamily properties provide the advantage of multiple income streams, which can help offset vacancies and reduce risk.

Quote from @Roger D Jones: SamEveryone here is providing great points to consider and if you were my son I would say that at 360k this 'dog needs to get put down'. 

What areas do you specialize in?

Wholesaling can be a great way to learn a market and build capital, but holding rentals can provide steady cash flow and equity growth over time—especially in markets like Detroit, where entry prices are lower and rents are solid relative to costs.If you’d like to learn more about navigating Detroit, feel free to reach out—I’m happy to share some resources or insights from my experience.Best of luck in whichever direction you choose!

Hoping that someone could provide some guidance on this so I can decide how to proceed?