Josh and his team at least are taking it into consideration and I applaud them for taking that step! 

I am excited to get started and hopefully gain confidence to pull the trigger on an investment property. 

Renting to a group home or adult care facility can be a viable option, but it comes with specific considerations.

You are ultimately purchasing a future stream of revenue.You have to take into consideration ROE, Return on effort.

@Schaan Donaldson this would be a prohibited transaction and could cause the entire IRS to become a distribution triggering penalties and taxes.  

Before proceeding, I am seeking your expertise to evaluate whether this investment opportunity aligns with sound financial considerations.

Keep doing the research from now until you buy and keep saving up that money to be ready to pull that trigger.

In regards to the sale of their homes, it depends on who owns the homes, how many years it has been their primary residence etc. as it may be eligible for exclusion from capital gains.You also have to take into consideration for yourself, depreciation recapture as well as potential capital gains on your rental property.

Howdy BiggerPockets Fam, I feel like I'm in a good place  to finally pull the trigger and invest in my first multi-family property.

Thanks, Nick,did you ever pull the trigger on building in BR?