Does anyone here invest in Residential Assisted Living?

[Lyndon Timbang]

Hi, I came across RAL (Residential Assisted Living). I am wondering who invest on this arm of Real Estate, what area would you recommend and financing approach?

Thanks

[Todd Dexheimer]

We own 2 group homes. This is a great field, but is highly hands on, with a lot of regulations. I would suggest buying existing buildings that already have the staff in place. Two big factors in your profitability: First, keeping your residents alive and the bedrooms full, 2nd is keeping good staff.