Assisted living has historically outperformed most other real estate classes, have maintained incredible occupancy rates (despite the COVID blip), and continue strong rent growth.

I'm trying to decide the smart investment decision - continue renting it out at a lower rental rate OR selling it and trying to find a potentially better performing asset to re-invest those funds in.  

I’m at a stage where I’ve built a small portfolio and now I need partners/investors in order to continue my rate of growth. 

Hustle and drive play a significant role in this too. 

But there are other factors at play.

This property has been a cashflow play, but ideally my next small multi-family (2-4 units) would be similar to what you are looking for in terms of a higher-priced appreciation play. 

Think of it as free vs pay to play video games.

BUT, it's an appreciation play. 

Then divide that cost by the amount of time between now and then and that's how much you should be putting aside for Capex.For general maintenance, the age and condition of the building will play into that.

Market your wholesale business as anyone would market a business concept and play by the Texas law and rules.