Seeing how I'm a disabled woman who receives SSI, and my husband is also in the filing process, we had to leave and had struggles making rent in 2016. later an organization helped us pay off all debts and got us back into housing.

If you are still interested in this project, please PM me and I will put you in touch with a woman who lives near your who has started a residential assisted living.

I've only read the first 25 pages of "The Book on Rental Property Investment" and I am amazed.

Advice for Getting Started @Anna LindoI can't give advice for your city as I am located in Colorado Springs, BUTHouse Hacking is amazing.

Quote from @Chris Seveney: @Basit SiddiqiAgree for example would you rather have 13% net but deal levered 75% or a deal no levered at 8% net.On a 100k investment I would take the 8% deal every day as I will gladly pay an extra $5,000 to reduce my risk substantially since in option 1 the deal can go to zero in option 2 realistically it would be really poor management if it lost more than 10-15% of your capital.I would also take the 8% deal, 8% is an amazing return.

While my cash flow isn't amazing today, I'm investing in areas I think will experience appreciation and rent growth, and if rates do ever come down I'll refinance and be doing great. 

Has anyone filed taxes yet as a W-2 employee who owns only STR, rents for on average less than 7 days per rental (STR), and materially participates (usually requires 100 hours or more in a year and more than anyone else)I’ve heard there are amazing tax benefits if you fall under all of the categories.

Talking about demographics is touchy, but let's say they wrote us a letter and it was amazing, but they were the polar opposite at the time. 

Man, I can't imagine being in Metro Detroit and not going hard into the Detroit (proper) market.That's exactly what I did and it's been amazing.

If this woman is single with no children, then she's not a protected class.