(senior assisted living, special needs adults, or halfway house)To clarify, I want to be only a landlord and lease to an operator who runs ____ business.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Chris invited me over to tour his operation as a Colleague.

Yes, an operator that specializes in adult family homes.  

Contact the local housing authority that runs the Section 8 program in the neighborhoods you are operating in.

While this leads to operational headaches, the bigger factor is the next one.Your lower quality tenants, typically, create heavier wear and tear and turn over more frequently.  

HUD pre inspection, marketing, whole in and out flow operation down there in Jackson, Mississippi.

Let’s describe real life Operations.  

With switching to an entirely different field, it would probably be a good idea to get a little bit of experience in the day to day operations of property management, as well as familiarizing yourself with some of the Colorado fair housing laws, minimum property requirements, etc. 

So if I am reading this properly, you are operating a property without a proper permit and have an illegal basement rental as well and basically got busted?