Have your standard Home/Hazard insurance on the property and your personnal "umbrella" policy for liability.The company itself will be required to maintain their own insurance and each patient/resident under their care will sign a contract with that company, not with you as the property owner.I have a 5 br home in Oahu, HI leased out for the next 3 years to a residential assisted living facility above FMV rent.Biggest thing is making sure that the company does THEIR DUE DILIGENCE in pulling the permits and making any changes to the home in order to comply with the state regulations.

If it tends to be for a pretty set time frame it may be more of a tutoring/teaching type of situation.I tend to stay out of my tenants' business unless it involves safety of the neighbors or some kind of major crime, so yes, drug dealing would fall into that but most lower level dealers will have more than 1 customer and many high level ones who might only have one visitor are not as likely to have them daily.

Pretty much every listing agent I’ve contacted on my own has picked up immediately or called back within the hour so I’m wondering if I should just go without the buyers agent or to be patient.

When I confronted them, they defended their quote, stating that they go off the industry standard and a portion of the labor time is for "testing the system after repairs to ensure safety."

So he wants a camera on his car for safety reasons and it just happens to get the other unit in the picture....

You typically don't want to do any renovations before the 2 years is up...just basic safety and securing the property.#4. 

In actuality, I think it poses a safety risk to the neighborhood.

This way they don’t have to uphold the properties or care for the health and safety of their tenants because they know people are desperate and likely won’t be able to afford a lawyer.

Specifically asking about public safety, appreciation vs. cash flow thoughts, and complexity of building a local team (agent, property manager, general contractor).

We will be patient with the primary property and watch for better rates.