If this loan goes too long, he won't repay you because it will get too expensive.I would be careful with this scenario, even though you trust the guy.Also, a good thing to remember is that pigs get fat, but hogs get slaughtered. 

There are many reasons why folks move to the metro but the most important reason is that Austin is a job creating machine with open arms to entrepreneurs and also giving fat tax rebates to the big companies like Tesla.

Hi Chelsea - While I have not personally investing senior living I know that Gene Guarino and Caroline CJ Matthews do and hence are probably good resources to reach out to.

The brownie, a quart of chocolate milk, a 5th of Kahlua.I mean i'm fat and i eat most things, but i'd be pretty excited over that setup!

"Pigs get fat, hogs get slaughtered" 

: The how-to book of syndicated investment real estate by Gene Trowbridge

: The how-to book of syndicated investment real estate by Gene Trowbridge

: The how-to book of syndicated investment real estate by Gene Trowbridge

Gene Trowbridge put out an article a while back saying that advertising for private loans is an area where one of the elements of the Howey Test would fail:It is an investment of moneyThere is an expectation of profits from the investmentThe investment of money is in a common enterprise (emphasis mine)Any profit comes from the efforts of a promoter or third partySee what a securities attorney says in your area. 

In my layman's mind, that basically pierces your corporate veil and now you are sitting there "fat and happy" thinking you have the asset protection of the LLC but actually don't.