Key is getting it zoned for as dense of a multifamily property as you can and getting it built!

It's becoming more popular for investors because of the increasing demand for senior care and the fact that you can provide a more personalized and higher-quality living experience compared to larger facilities.Here are a few key insights to keep in mind:Regulations and Zoning: Each state has its own set of regulations for assisted living.

I just landed an internship in a zoning office and I have been doing it all to raise funds to put towards my first investment property.

Get out of your comfort zone.

If they qualify comes down to if the home is zoned for such use and is permitted by the city/county for such use. 

Get out of your comfort zone.

It turns red if the date is more than 2 weeks old reminding me (in case I forgot to add a reminder) to call the person.

So $1,200 appraisal would be a red flag for me in itself.

I reached out to local zoning departments and one told me it would have to be re classified as a boarding home and or a multi family dwelling.

I forget which (Champaign or Urbana), but one is very restrictive on STRs...just make sure you are aware of zoning and restrictions.