A very similar house down the street sold for $455k in August.

Hi everyone,I own a 7-bedroom, 4-bath home in Montgomery, AL, and I’m exploring the idea of turning it into a group home or sober living facility.

I saw a few higher comps that may lead some to push the arv: 956 N Chester - Sold for $182.5k ($133/sqft), 607 N Chester - Sold for $165k ($130/sqft)(2 baths though), and 520 N Bradley - Sold for $170k ($113/sqft)(also 2 baths).

I would make sure your bedroom count is the same, and baths within a half bath.

With 4 bedrooms and 2.5 baths, this home provides ample space for your family's needs.

For example, John down the street bought that house for X and put in 30K, and then sold it for X.

Additionally, if you onboard a new units during the 1 year mentorship you can utilize the team to help you be profitable from jump street.

There is a 4 bed room 2 bath home that I am looking at purchasing.

Your biggest variable is going to be prop tax, and it changes from street to street. 

This is also the best thing, because many out of state investors find it confusing and stay away, which keeps our returns much higher and wards off Wall Street investors from buying up swaths of houses, which we've seen in other markets.As an STR specialist, keeping up with zoning and regulation statewide is a huge part of my job.I also host monthly short term rental events for local investors, monthly webinars, and I also often get furnished, turnkey off-market STR properties.