Will just add to make sure to investigate how recently as it could be a sign they are going "downhill".So, you may want to check with current landlord regarding why they are moving and how good of a tenant they have been.

This is a great place to learn and further investigate investing in real estate.

This is a great place to learn and further investigate investing in real estate.

Ive also noticed a big trend in private lenders originating 2nds and gap funding and whatnot.

FinCen not having your correct "STREET" address, no PO Boxes, and no private Boxes are allowed, and you would be in violation. 

http://mnsoberhomes.org/   This is an organization of over 20 sober houses in Minnesota run by private people. they formed a organization to help each other.this is a interesting part of a growing need for assisted type of housing.Just thought I'd pass the info along..your state might have a similar organization that could give assistance in figuring out how to start a similar type of housing situation.  

Co-founders are also ex-Goldman Sachs real estate private equity.

How would you approach the seller to plant the idea of seller financing.Your best bet is to LBO the acquisition through packaging the business into a CDOYou'll take that CDO to private or commercial investors  

Then you have to think about 401(k) and IRA savings, which longer-term once your balance is built up, you can use a self-directed approach whereby you can use the funds tax-free to invest in rentals, private loans, etc... 

@Sanil Subhash Chandra Bose - I would investigate American Heritage Credit Union.