After that time and loan paydown, I will either sell 1 or 2 of the properties and use the proceeds as a large down payment on my primary residence.

Case in point: LA city... and most recently, in the dark of night without warning, Pomona.I know there will be some on this forum who may disagree and will have their personal stories of how to overcome it and work around it.

You’ll want to check out the PA Code's Chapter 2800 for the standards around licensing, safety, and staffing requirements, and the Assisted Living Residence Regulatory Compliance Guide can provide extra insight.We actually have a local team here in Allentown that has worked on several of these conversions, so if you'd like some guidance or just want to chat through the process, feel free to reach out.

Hard to argue selling the home and not having to worry about the gain.You can use 1/2 the funds towards your down payment of a personal residence and then still have enough funds to maybe buy 2-3 investment properties.

About me: owner of a primary residence, looking to get a multifamily (preferred but open to single family) property soon.

@Sonia Arreguin we just had a resident pass away and we requested a certificate of death.

I’m married with kids and own a primary residence, so no house hacking for me!

In finding a new place to reside, I would again require funds for a downpayment on the purchase of a new home or reside in a rental myself until I save up enough funds for another purchase.  3. 

>Los Angeles faces near-zero growth amid economic strains and resident outmigration.

Annual property tax on it if you are a resident (and its your primary house) is $960.