This investment opportunity involves a joint venture with a housing provider to purchase and refurbish a property to house 4-6 people, with the goal of leasing it to a housing association for a 5-year term. The housing provider takes a 5-year lease on the property, completes the refurbishment and furnishing, and secures HMO licenses before offering it back to the housing association. The housing association then takes the property on a fully funded 5-year lease, with the government providing funding for the lease, and pays a monthly fee to the housing provider in addition to the ground rent. This investment offers a hands-off, income-generating opportunity with no void periods, bills, or maintenance responsibilities, and is backed by government funding.