Halfway House/Residential Treatment Facility Investment
Has anyone heard of investing in residential treatment facilities (group homes)? These facilities would offer services to adults with disabilities like mental retardation or down syndrome. Supposedly, Medicaid reimbursements are quite high and you can put two people to a room. I read somewhere that the reimbursement for each person is something like 3K a month. However, this may be totally inaccurate. Does anyone own these and how do they work?