@Stephen Johnston We are doing builds in a development where we have a backend profit split with the land owner.

When you consider all things involved if the development process I believe that working with an experience builder and coming in at the end with long term financing is a much better and safer way.  

We're just over in Worcester County and have been developing recovery housing across the state for years.

@Ke Nan Wang - I would love more info on your development!  

Quote from @Hunter Foote: Jumping in a bit late here—looks like this thread was last active a year ago, but since others might still be exploring sober living, I figured I’d share some insight.I’ve been operating recovery homes for nearly a decade and have worked with developers and investors across the U.S. who own the real estate and lease to sober living operators—or run the operations themselves.

Check the HOA/CC&R to see if there are any restrictions on renting in the development or any restrictions on investors buying.

I develop raw land and install new mobile homes (I'm a dealer also). 

Purchase price: $80,000 Cash invested: $10,000 Old Single Family Home on a 2-acre lot zoned commercial and is adjacent to a strong development, making the dirt itself the real value driver.

Most people start as cashflow and then develop more toward the appreciation side.

There are folks on here who are just lurking waiting to try to develop advantageous relationships with newbies.