You get rental increases and if Chick Fil a ever leaves the site you often have upside converting to absolute NNN leases with a new tenant closer to market rents. 

I have worked in recovery, but currently am retired and have rentals I would like to possibly rent to Oxford house- or possibly convert into sober living if it makes sense financially.

Might be tough from area to area, but I typically find that homes built before 1950 that were converted from single to multi family are 9 times out of ten - a full gut rehab and way too expensive for first timers.

You see this kind of rhetoric all over BiggerPockets, mostly from people who don’t know what success actually looks like.Instead, do this:Figure out what it takes to become successful, and then use what you’ve got to get what it takes to achieve success.So, here’s where you are now.Reverse-engineer success, then use what you have, say $5,000, to get what it takes—a high-converting, credible website, ranked #1 on Google, plus a dedicated marketing budget (e.g., Facebook ads) to close just ONE deal.A high-converting website costs around $100/month, and Facebook ads will run you about $2,500–$3,000/month.

Usually, there is a draw period at the beginning where you pay interest only, and then the line converts to an amortizing loan for the remainder of the term. 

Purchase price: $400,000 Cash invested: $200,000 Bought this fixer upper 2 family house with 2 bed 2 bath and converted it to a 4 bedroom 2.5 bathroom with finished basement.

The sad, strange truth is that the success rate for converting leads into contracts can vary greatly from keyword to keyword.For example, in one of our recent campaigns, we were generating multiple leads every week from a keyword related to the term “Home buyers.”

You can achieve this by regularly checking the Search Terms report, routinely searching for your brand on Google, and pulling the actual keywords that are converted in your CRM.

It requires less money for a down payment and you can easily convert it to a rental in a short period of time. 

I talked to two different local credit unions about pulling 300K in locked equity out of our former primary home that we converted to a short term rental last year.