This way, they’ll have a vested interest in maintaining high standards of management.To truly understand property dynamics and support the management team, I recommend spending time on-site.

Hi everyone,I own a 7-bedroom, 4-bath home in Montgomery, AL, and I’m exploring the idea of turning it into a group home or sober living facility.

As a result, I've increased the rent to my standards and past other landlords' standards who are afraid to go past 10%!!! 

Section 8 guarantees part of the rent, which is great for income stability, but the building will have regular inspections to meet Housing Quality Standards (HQS).

The term Tiny Home is the actual company selling these really nice smaller less expensive versions of standard built homes. 

A 5% of incoming rent for each category is a pretty standard amount to budget.

Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Fortunately I have all the standard contingencies.I also question what is a fair price for insurance.  

And a drain within reach of the standard drain hose?

Rehab to the standard of the neighborhood.