Quote from @Sarp Ka: Quote from @Patrick Roberts: Am I understanding this correctly that youre expecting to get a $700k property for $500k because youre paying cash?

Curious, are the executives suspending their salaries too?

Continually communicate clearly with all parties involved to make sure that expectations are as close to realistic timelines as possible.

It was all really quick, and the time to complete everything happened a lot faster than I expected (which was a good thing).I was worried at first that I had to use all the partners that Rent to Retirement had, but it was really easy for me to shop around for different lenders with different terms and rates, insurance providers, and property management company.

For longer stays, you can set expectations in your listing by clarifying that guests are responsible for restocking once the provided items are used up.

I expect this will draw more business to this area. 

Based on that number of units I would expect much higher figures - did you buy these buildings all/mostly cash?

I am still personally buying rentals but I am not expecting much in the way of cash flow at the moment.

I am looking for pricing information from the BP community on how much should I expect to pay for replacement and installation of a new gas furnace.

It's very different than Airbnb so don't expect it to work the same.