Turning a property into an assisted living home.

[Christopher Colburn]

Hi,

My wife and I have been working on a plan to turn investment properties into assisted living homes in Colorado. She has been in this type of industry for a while as well as knows people that have turned properties into assisted living homes. 

Right now, my main concern is if the health care rules do change (lets assume similar to the two proposed bills) how does that look to affect Medicaid and the ability to find clients? Anyone have any good insight into this?