@Keith Mintz Will you be running the house or leasing to a company that does sober living.

I was living abroad buying/selling real estate mostly land, and some land with structures.

We found an opportunity to purchase a huge SFR with two kitchens located next to a commercial zone which was previously used as a sober living facility.

BF it, live in it, then leave it!

Most everyone mentioned the weather and appreciation due to the weather making it so desirable to live there. 

The goal is to move into another property by spring 2025 to do another live in flip and keep this property for a few years at least.What made you interested in investing in this type of deal?

Buy an existing house to live in and add an ADU in the back.

Quote from @Chris Hertig: We recently purchased a multi-family property and have someone living illegally in an uninhabitable, detached garage. 

My wife and I have 22 residential assisted living homes in Colorado and three commercial senior living communities in Colorado and Arizona. 

Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.