He is a senior member of this forum and well respected.

Prices have been increasing at a dangerous rate (40% property tax increase in two years).I've been getting some input from some senior investors here and they are all telling me to sell - right away.

Estate planning, especially for seniors, is specialized.

In addiiton, prison doors have been opened with thousands of former inmates now spreading across the state, crime is up in many areas, and we have a governor that is oblivious to making the cuts necessary ( like Wisconsin) , thinking instead that the citizens are going to approve a tax hike!

But we can send Obama over there and he can apologize for the FREE SPEECH exercised by US Citizens.

Turn in strategic defaulters and people who buy junior liens at auction and stiff the senior liens while collecting rent for the property.

Senior dementia.

Depending on what you want to do they can be very,very involved.Most developers are buying value add buildings already constructed and operating for less than what it cost to build new.They are still building in areas where demand is really high and not much product is available.With that you have to see who is building what and where and how many other applications for new buildings for the area are in the process.You have to time the market with your land purchase,build out,and lease up so that you are not finishing your product in a saturated market.You can have 55 and over regular communities, acute care only,or a mix etc.Income is good but management and regulation is more intensive.Depending on size you would want to bring on a senior housing developer with a track record of experience.

I could be a senior engineer working for someone else making a bunch of money and not have to go all over the place pandering for business, collecting on invoices, fretting about insurance and payroll....Seriously, if you are self employed, you are more constrained in so many ways than if you have a well defined responsibilty working for someone else.

I learned the above from a RE attorney and a senior title officer when they presented a session on OR foreclosure and tax regulations.