Anyone Here Have Experience with Sober Living Homes?
I’ve been seeing more interest lately in sober living homes (also called recovery residences) as a niche within real estate investing. They look a little different from traditional rentals: higher occupancy, often leased by an operator, and sometimes connected to certification programs or nonprofits.
From what I’ve seen, the demand is strong, but the model comes with unique considerations: zoning, compliance, community relations, and specialized tenant management.
I’m curious: Has anyone here explored sober living as part of their investing strategy? What have your experiences been — positive or challenging?
I’d love to hear different perspectives from the BP community.