I made the layout more user friendly, added a whole wall of closets in the main bedroom, totally gutted kitchen and bath.

Overall though to answer your question, there is some supply glut in the RRG area so those older properties with less amenities are struggling some.

There are other communities that would have better opportunities to cash flow.Although there is no guarantee of future income on any STR, I believe that 2025/2026 we will see a good increase in travel, mainly due to EPIC opening and the overall attitude of 'the people' coming off of the election.

However, this structure provides two main benefits: 1) I don't have to build a big marketing machine to raise money.  

They used to be marketed with all of the other homes on the main search page, but a user had to go into the filters and specifically select the "FSBO & Other" tab.

My main concern is whether it's hard to meet their criteria for properties and secure funding.

and offer up question and answer support for anyone interested in investing in residential assisted living, actively, passively, or somewhere in between.Over my real estate journey I’ve tried a lot of different asset classes and finally landed on residential assisted living as my favorite real estate niche and perhaps the most incredible growth opportunity for the next few decades due to demographics and how that will drive demand to keep outpacing supply.

Phil Alexander, the main guy, does not hold the local providers accountable.

I’m mainly concerned about the rate change happening without prior notice, especially since both loans started and are closing on the same day.I’m scheduled to sign tomorrow and close on Friday.

As mentioned the main downside to using a SDIRA to purchase properties is you get no tax benefit upside (depreciation) and have to pay taxes on UDFI.