I have been getting more involved into intentional co-living spaces such as care homes (sober living, senior care...etc.) and I wanted to see if there are other investors or operators on here?

If you’re actively analyzing deals in NWA and want a second set of eyes or strategic feedback, feel free to reach out.

The reason - between the property taxes on non-primary residences and all of the boards and regulatory BS involved, it is unprofitable to try to anything with these projects.

If I have easy physical access, I'd be tempted to be more directly involved.

Leverage magnifies return.3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

Quote from @Joey Pignatelli: Drew Sygit its not even in the Detroit area although it is MIchigan and the seller just wants to dump some of his properties and this one looked the most attractive to me so I'm brainstorming strategies to get myself involved the best way I can I appreciate your suggestions as well as everyone giving their opinions helpful information is what I need thank you  ask for short-term seller financing.

You should go into by-the-room rentas with your eyes open. 

As a licensed agent buying my own property, do I still need to run the transaction through my broker even if there’s no commission involved?

The main key is you have to understand how money works, when you do, it opens up your eyes to some of the most amazing things. 

No matter where you invest, your agent should be your most important point of contact, because he will be your eyes and ears, and you'll be trusting that agent a ton, as well as with who you'll work with a lot too, like PM and contractors.