Sober Living Rental?
I am looking for feedback from anyone who has actually rented out a property to a Sober Living company. What was your experience like? What were the pros? What were the cons?
While attempting to rent out a newly purchased five bedroom property, my property manager was approached by a Sober Living company looking to rent out our property. They are willing to pay a few hundred dollars above market rents and would have essentially 0% vacancy since the sober living company would be on the hook for the lease, not the sober living tenants.
Has anyone actually had real experience with a similar arrangement or know someone who has? How did it turn out?