That is where tenant screening comes in for your future residents.

Sounds like you are house-hacking which is owning a prroperty that acts both a personal residence and an investment property.Therefore, you have to properly account for deductions / writeoffs as either deductible or personal.Best of luck to you!

@Chad LabrecqueFirst, you could look at what your NOI might be if you converted your primary residence into an investment property.

I'd charge around 6k per resident which is only 400 more than the current average for the area. 

if you already have a primary residence, or your lifestyle doesn't permit it, that's fine. 

He only wants my ID and proof of residency.

The need for senior living is obvious and growing.Your 10–20 resident home model really interests me.

Again, whatever, but I had some straggler payments from my business and upon setting up the ACH for the last like 3 payments my new bank is now doing random holds on ACH transfers for "fraud" protection.

Do you think a Boutique Class A new build home model for 8 residents in a large metro area might work?

Quote from @Jaycee Greene: Quote from @Keri Aiken: Investment Info:Single-family residence fix & flip investment.