Typically, creative financing is geared toward lowering the capital injection needed to acquire the property which comes at higher risk to the lending entity (thus higher cost) of rate. 

They are acquiring many new properties and are in the early stages of their growth.

HOWEVER if you are Trying to ACQUIRE the property and the borrower on the Note is now deceased - the ONE Big question (among others) is How do you get marketable and insurable TITLE Transferred over to you SUBJECT 2 that existing debt?

>Seems to me that at scale, a portfolio like Luka's would indeed build wealth over timeIt is cash flow negative in a market that has an appreciation rate (2.17%) for this century below the inflation rate.https://www.neighborhoodscout.com/oh/cleveland/real-estatehere are some thoughts about your plan: - why perform a value add in a market where the value add does not add much value especially if the property will be acquired at no cost?  

I don't know how the numbers would look like now if someone is acquiring the property at this level.

I have acquired two senior living communities from REITs that wanted to exit. 

Let's just ignore the fundamentals of the real estate and/or negotiating a good basis in property we purchase and focus solely on how we can acquire real estate without any of our own money.

@JD Martin - FYI, she was an inherited tenant when i acquired the building and had always paid rent.

When there is a recently acquired long-term rental, lenders can simply throw in the lease agreement and use 75% of the rental income from that, but on a short-term rental, there is no lease agreement, so the only way to document what the actual cash flow is, is by using Schedule E of your most recent tax return filing. 

I acquired a townhouse in 2022 on a small street of about 40 other homes.