It’s great to see someone diving into the live-and-flip strategy, especially here in the Seattle metro area where appreciation potential can make it a smart play for building equity.Your strategy is solid, and focusing on hands-on experience through live-and-flip projects is a fantastic way to learn the ropes while building capital.

We are planning to purchase a home and convert it into a community living space for people in recovery.

Greetings BP community, I recently joined a national senior care living development team.

I'm a Realtor with a couple properties listed in Boise, ID and a neighboring town for my investor/client that are currently rented as co-living or rent-by-the-room and getting killer income. (7.3% - 9.5% Cap rate) So far, every inquiry has been baffled by the concept of co-living or rent-by-the-room and immediately ask if they're being run as a halfway-house (which they are not).

A furnished mid-term rental or month to month lease can be well worth the small incremental monthly cost for this flexibility if you are serious about finding a great live in flip candidate on your timeline, not that of your employer's. 

Hey Dan, renting to a sober living operator can be a great idea.

My airbnb posting just went live yesterday. 

Have a client that does sober living homes here in B/CS.

Living trust does nothing for anonymity.

You really should never leverage the home you live in.