We are trying to figure out how to price this and how to vet the operators - specifically for sober home and similar facilities (we already do DSP and understand that well). 

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

We've been investing in Fort Wayne for a number of years now and have done well.

The only way to address this is with greater transparency, not stonewalling.Honestly, any lender who can't produce something more than a "generic testimonial page" gets a well-deserved "hairy eyeball" from me!

If I don’t succeed as a wholesaler, I would probably fare well in Risk Mitigation/Management, lol!

If you can set up an account with google business and have guests leave you reviews on there as well, that would be the biggest asset you could give your STR!

Well it DOES make sense in two other important ways:1) it's an incredibly strong incentive to pay your taxes....2) covers the risk that you don't get paid.

When I rehabbed the basement I tore out the existing drywall ceiling and added sound-proofing insulation followed by a 5/8" fire-rated drywall thinking that would be enough, but apparently the tenants can hear us walking, the dogs claws (we have hardwoods) as well as the TV.

It is my opinion that if you find SFH that breaks even as an LTR after properly allocating for all expenses in Dallas/ft worth area you have done well. 

We’re on the same page about wanting everything well-documented and on paper to protect both of us and maintain a business relationship.