Then the home I lived in made a good rental because of nearby public transit even though it was over 50 years old.

So I found out, they are in a transition from having a adult foster care home.

Our city, has passed a law that if you live in a transit area, you can build unlimited ADUs in Single family zoning, adhering to height limits, and floor to air (FAR).

They usually rent because they are in transition from a divorce, a death, or some other event.

The system is rife with abuse and there doesn't seem to be concern over stewardship of the taxpayers' money to vet the candidates better or transition them out of the program, as intended. 

Hi all,Finishing a reno on my first investment property and plan to lease it as a transition/recovery house to someone I know through a non-profit.

Real estate makes the transition into running a business so easy and obvious if it was not something you had previous knowledge of.That said, I think maybe only 10% of the books I read are about real estate and most of the others are about being a good person, business, and mindset.  

I'm assuming this is a duplex since you mentioned two tenants.With 5% down payment conventional loan (loan of $351,500) over 30 year term interest rate of 3.25% taxes 1.07%  of assessed home value ($4,000 annually) Home insurance of $1,500 annuallyYour mortgage would be just under $1,988.08, but let's make it $2,000 conservatively.Already, comparing to your current rent of 2,600/month, this is a nice transition.

I have worked with them for years even when they transitioned the company.

Flat flooring is easy, whatever the material; it's the stairs and transitions that make decisions the trickiest, and each product has its proc/cons.