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).

My airbnb posting just went live yesterday. 

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $140,000

Cash invested: $24,000

Sale price: $220,000

I knew from the start that I was going to buy this propert...

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

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

You really should never leverage the home you live in.

Living trust does nothing for anonymity.

You could start by reaching out to any local corporations that do assisted living in your area and see what they are looking for (location, space specs, etc).