Only, there were no profits, in large part because he didn't fulfill his side of out bargain...

Just be confident you can fulfil your obligations.

What happens when the current lease is fulfilled?

What percentage of signed leases fulfill their full term?

What percentage of signed leases fulfill their full term?

You have an obligation to fulfill your lease and whatever it says about early termination.

I know there is obviously money to be made in assisted living, but I also see a sense of pride and fulfillment in providing quality care and space for those who need it.I would love to talk more with anyone who has any experience in this area; and if you are in Texas, I would appreciate the opportunity to meet in person.    

Also, say after I fulfill the FHA living requirement, I want to buy another multi-family property.

This way if he does not fulfill his end of the deal you can find another contractor.

HOA is $850 /monthProperty taxes is $12,200 /yearIt’s located in a complex of warehouses and everything looks very kept up and everything is pretty much occupied there. located near the new Amazon fulfillment center in South Florida.