Discussion
There's a dead two-story motel on a state route, 12 units, each with its own three-quarter bath and no kitchen. Asking is low enough that I'd be in around $28k a door before any w…
Discussion
I own a corner lot with an old four-square that's zoned for a rooming house by right, which is rare enough that I want to use it properly. Twelve hundred square feet of first floo…
Discussion
I'm assembling a line-item budget before I make an offer on anything, and I want to pressure test it against people who've actually stood one of these up. Six rooms, existing sing…
Discussion
I've sat through three planning commission meetings in two counties where someone proposed a rooming house or a conversion to rooms. Every applicant led with the affordability cas…
Discussion
Running six rooms under a city rooming house license. Individual room leases, month to month, shared kitchen and two baths, I provide weekly common area cleaning and linens on req…
Discussion
I'm under contract on a 1920s house that's been rented by the room for years without a license. Six bedrooms upstairs, two down, one kitchen, two full baths. Gross on the rent rol…