It looked like a dangerous footing situation to be on the roof but the chimney came down to about chest height that way.

I'm in the Western White Mountain Region in New Hampshire if you decide to do stuff up here, I know enough about STR to be dangerous

Most recently overseeing the operations of an organization that provides sober living to those seeking recovery from substance use disorder.

That is a dangerous game to play with students.

@Henry T.Sorry but I don’t agree - this is like saying lawnmowers are dangerous because 75 people per year die from them.

Technically, the IRS could pursue the Substance over Form doctine if they believed this was all done for tax avoidance in pre planned steps.

Horrible idea for many reasons...1) Without a decent down payment ~20%, it's very unlikely you'll cashflow after all expenses 2) Sounds like this would be a highly leveraged property - high leverage when rates are high is a dangerous game to play.

One of my commercial tenants is a substance abuse counseling clinic.  

There are difficulties, risks, and dangers everywhere in the country, they just come in different forms.

Dangerously misleading title of an otherwise good post."