And always have reserves to handle any unexpected issues.

That does not mean there aren't issues to consider.

And the owner is very responsive to questions or issues (emailed him at night and received a reply within a few hours).  

Take care of your properties and follow up with issues.

The rehab expenses don't line up but they are not stealing, I would suggest having a zoom call or sit down with their PM or account manager to see what is not lining up and where you see issues compared to what they have on their sheet. 

And will you have ongoing maintenance issues beyond your CapEx based on the building's age.I personally would be suspect of this deal.

There are rules and situations unique to each state and that is why you want to go with a local lender vice someone just reaching out to you telling you they can do it. 2) Better recourse if the lender screws something up: a local lender has more skin in the game so to speak as if they screw something up their name will be mud to local real estate agents in the deal.

I have done it in the past and never had an issue until recently.

Luckily I did have a clause where the sober living company is paying all repairs and maintenance unless it is structural issues.

I can only think of 2 times inn the last decade my client has had to go though an eviction and both times it started cause the owner and tenant had personal issues.