For a while I looked into medium size deals like 30-50 units in class B neighborhoods, but ultimately could not negotiate a deal to the point where it would have made financial sense.

My main focus is Class B and maybe some C+ properties around NE Columbus, as well as outside 270 from the North to the east side.

What happens when you add purchasing power into a product shortage environment?

I want to provide a safe, structured living environment for individuals transitioning out of recovery or other challenging situations.I’m new to this process and was hoping for advice on the following:How to navigate zoning laws and permits in Montgomery for this type of setup.Licensing requirements for sober living or group homes.Strategies for finding residents or partnering with local organizations.Financial and operational tips for managing this type of property.I’ve heard zoning can be tricky and want to ensure I comply with all legal and safety requirements.

Some can execute on the lower tier assets and transition out but it is a far more difficult asset class to operate and exit than most realize and many fail.

@Edward Suess-Hassman you won't be able to cashflow if you buy Class A or B property - unless it is a:1) Desperate seller and you get well below market price2) A major fixer-upper that you can invest your sweat-equity inYour other options are:1) Invest in Class C - but only do if you undertand 20-25% chance of tenant nonperformance and a lot of maintenance issues.2) You invest in another part of the country.DM us if you have more questions.

Is that the only asset class that you enjoy now?

I can show you some really good stats about it and all of the different sub markets so you know what, in general, is a class A, B, C or worse and what markets to stay away from. 

No matter where you choose to invest, please keep in mind the following (copy & paste):--------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

The regulatory environment is the first thing you should consider when buying a STR here - it is both the worst and best part of being a CO STR investor.