I want to Provide Students in San Francisco a Place to Live
I found a Problem, lots of Students who are not from the city have,( Which I personally also Had), It is very very hard to find a place to live near campus under budget ( under 1k here in San Francisco), at least not a safe place. So I thought as I am thinking of starting a Startup anyway why not solve this problem?
So as We can't be building student housing ( because of zoning and all those laws, I throw Building New House out of the window.
So How Can We Solve this Problem for Students, They Need a Place to Live!
With my limited knowledge and experiences, I was only able to think of One Thing"We can't make new Houses, so the only option left is to "make current housing affordable enough for a student ", So How do I do that?
Solution: Get more people to live in houses we already have built! there are lots of big standard 2-3 bedroom apartments vacant for months in SF city, I want to rent those apartments for the long term( 2-3 Years) and rent out the rooms to students, making it much cheaper than renting an entire apartment.
Basically Subletting.
I thought of this Idea from very less Knowledge and Experience in Renting and real estate laws, so I found a few legal obstacles like HOA ( can't have many people live in a small apartment, 2 people per bedroom, I need permission from the Landlord and not all want to agree)
It would be a great help for me to solve this Problem of Student Housing if I am able to get Feedback from all the experienced great people here at Bigger Pockets on this Problem/ Solution/ and the Legal Barriers also from the perspective of the landlord.
Thank You very Much