For anyone else reading this thread and wants to respond with actual best practices for this type of situation, I am all ears.

No I’m not sure what took you down that road but just as stated they would stay at a property you own that’s for rent maybe that explains it better   This is very confusing, so you would have an empty prop until someone needs a place due to their prop being unlivable.

Hey all! Sam Wegert's podcast episode about Co-Living investing inspired me to setup a BP account and seek more information.After looking at my local occupancy laws in and around Nashville, I'm finding that most place...

@Mike Teri @Shawn Mcenteer thank you both for your input as it is very helpful.

It has been very rewarding and easy to manage.Let me know if you might be interested in chatting!

This is a really great long-term investment in the details, so I'm very flexible with what needs to happen to get the property.

Best of luck with things! 

Yes, especially on your first deal.Please keep in mind that if you choose to go unrepresented, the agent you are speaking with represents the SELLER and has a fiduciary responsibility to get them the highest price and best terms. 

Instead, there will be unintended consequences that will negatively impact the very people they claim to be for. 

I just purchased 24 units (three identical 8-unit buildings) that share a parking lot.  I've been at the property a lot in the last couple of weeks, and tenants are telling me that a group of teenagers will bust throu...