The good news is that the state of Ohio has created more resources than most states on how to open a sober living home or recovery housing community within state lines. Ohio is also very friendly to sober living home operators who balk at state licensure and registration.
Dealing with NIMBYs at Your Sober Living House
Sober living homes are a great investment opportunity and a wonderful way to make a huge difference in the lives of recovering addicts. Managed properly, your sober living home will deliver great ROI year. Sure, there are some hurdles to overcome, like developing a structure for dealing with clients who break the rules and locking down an excellent house manager.
3 Things to Look for in Your First Sober Living Home Real Estate Deal
If you’re looking to take on the risks and rewards of this high-return investment strategy, there are a few things you should know before taking the plunge. Investing in sober living homes is a unique real estate niche with its own pitfalls—but when it’s done right, you’ll have a cash-flowing investment to be proud of for years to come.