The people working in the building needs to be trained in something more than unclogging a toilet and fixing a leaky faucet.I would seek out @Gene Guarino he teaches all the ins and outs of this.  

The market there is hot and finding fat deals may be tough to do.

So when the person we bought it from failed to make the rent payment shortly after we rescued them and they do most of them do anyway.. we could go in rehab and resell and make our profits. of course we are talking about 200 to 700k props. no 10 to 30k distressed mid west assets.. it was usually 20 to 50k just to bring them current. no equity sandwhich is a big FAT loser long term.

The original wires are connected to the new breaker box.The home inspector should have at least the "plug with three neon lights" tester (which tells you if you have a ground at an outlet or not) and the "fat pen with the end that lights up" tester (which tells you if a wire is live or not, without touching it). 

Your not buying a debt from "Fat Tony" Salerno. 

Hi all,Does anyone have any experience w/Gene Guarino's course, or recommendations for books on how to start a residential assisted living business?  

I'll be at the Bakersfield meet up this Thursday if you want to pick @Gene Hacker and my brain(s).  

Thanks Gene!

@Gene Trowbridge....I wanted to invite you to comment as well ;-)

Enough to buy a brand new top of the line pickup truck, paid for in cash, and a fat bank account so he could return to his home town where he had family.