does anyone have experience with Boarding houses?

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Hello BP, I’m starting my journey into real estate and I’m trying to figure out what niches might work for me. Today came across boarding houses and I thought this might be the way to go. I’m interested in having more than one door and I have been dancing around the idea of buying duplexes or quads, but I think boarding houses seem genius because it’s a single family so the loan would be easier to get and it not a large area to maintain. My questions are : 1. What is the downside to boarding houses? 2. What advantages are there? 3. What would it be like to manage? How much time and effort?

1. The people that tend to stay in boarding houses tend to be on the lower end of the socioeconomic scale.

2. This kind of arrangement can be very good if the market is right.  Would it work in Beverly Hills? No.  Would it work in the Dakotas near the oilfield/pipeline work?  Yes.

3. PITA.  You would have cleaning, repairs, restocking and policing to do every day.  Probably takes 30 minutes to 4 hours a day to run it.  You'll be dealing with vomit, dirty toilets and sinks, clogged drains, drywall repair, double or triple occupancy in a single occupancy room, dealing with the people that are the causes of the aforementioned things, and probably complaints from neighbors.