Several reasons: market rates, cost of operations, risks of the tenant in particular, rental history, turnover potential, loss of rent during turnover period, "hot" or "cold" market, etc.

Additionally, there are several DSCR lenders who have various products for this, but most have something similar to Delayed Financing as well as cashout refi's with seasoning typically around 6 months. 

We currently work with several builders throughout the state and offer a turnkey solution for new construction investment opportunities.  

At our last turnover, we had neighborhood kids breaking in several times while vacant, damaging the house until we installed a security system and camera high enough that they’d need a ladder to get to it.

I've put down several houses worth of laminate & engineered floor before without having this problem -NOT happy.

I've been through several property managers and properties in various areas and its always the same ****, late or no rent, expensive turnovers, and just lots of headaches.. 

You wait, and do the numbers.Stay hyper-local for your first several deals.

Hey everyone,I’ve been analyzing properties in the Chicago area and see several that seem like they would cash flow decently in the Blue Island neighborhood. 

All rules infractions have a point value, and if a resident accumulates X points in a certain time frame, there are several steps the manager takes to remediate the behavior i.e., curfew, no nights out, extra chores, eviction, etc.AH, eviction.  

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.