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Derek Forston runs Second Chance Housing, where he houses homeless adults in shared living facilities - eight people in a four-bedroom house, each paying $600 to $640 a month. He operates on master leases, never owning the properties, and earns $4,800 monthly per four-bedroom home against roughly $2,000 in rent and utilities. His largest property, a five-bed mansion, can house up to 15 people at $750 each when payments come from community-funded programs - potential monthly revenue over $11,000 from one lease. He's scaled to overseeing 230 units across eight states by teaching the model to others.

The episode covers how Derek vets residents through assessments, why turnover actually increases revenue (new move-ins pay the full month upfront), how he staffs properties using residents themselves, and why insurance companies now call him because his $640 rate beats the $4,000+ cost of licensed assisted living facilities. He explains the legal distinction: offering only housing with no medical services, food programs, or medication administration means no license required and no zoning battles. Derek stresses this only works if you genuinely care about helping people, not just maximizing profit.

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