Also I dont know the state of the house ie is it completely derelict and trashed or what not, as previously stated i dont care about the house, just the land.

I am currently in the process of identifying land for a purpose-built residential assisted living and memory care facility in Houston, TX.

This active income can help me fund my retirement as well as help me get reimbursement for home office and health care premium while lower my tax liability.

Whereas owner occupant buyers are looking at comps, sold prices for similar nearby properties, and don't care about cash flow. 

There are cheaper one’s in D/F areas but I would be careful as those can create a laundry list of additional issues.

By carefully managing the scope and cost of renovations, you can maximize the return on your investment.3.

Seller doesn't care how we split the real estate vs. the franchise, but I don't think I could get $250,000 for the real estate.

Be careful!

@Deirdre Lizio like any business, you will encounter customers that:1) Appreciate great service and are willing to pay for it2) Appreciate great service, but are price sensitive3) Only care about the lowest price, yet unrealistically expect great service4) Multiple variations of the above...Unfortunately, the majority of us default to #3:(

In 2022, we had guests with dogs that scratched the floors (repeated scratching of the floor that they do, when they want to go outside) in front of the patio doors.