Are there profitable group home niches that an operator would be willing to pay above market rent for this kind of property?

Also I could be wrong but I think to legally lend in OHIO one needs to be state licensed and NMLS registered.. again could be wrong but I know we are setting up a very narrow niche lending platform there for foreclosing buying and I got recruited because they need my license to be legal.Now for the private folks who only do a few loans and don't hold themselves out as lenders like you obviously do there is usually a carve out.

Prior to anyone submitting an application ensure you share your rental criteria clearly ( i.e. credit score, your preference on acceptance of rental collections, evictions, felonies, misdemeanors, pets etc. ) as well as sharing any additional charges ( i.e. monthly pet rent, pet deposit(s), security deposits, admin fees etc. ) people unqualified will usually "walk" as this stage and that is where you will save time. 3.

Finance gives you a lot of options, but you need to use your skillset to maximize the options out there in the niche you want to start with.

An investor friendly lender is primarily focused on the niche of investment property lending.

I’d suggest finding the niche that interests you most and focusing on that.

I want to occupy one of the units, my preference would be the 2/1 so I can collect more rent from the 3/2 to go towards my mortgage.

However, I prefer to start my analysis with supply.

I prefer 203k to Homestyle in general.

I’m sure this is a preference, but curious as to what you all do.