Pick up a copy of "It's a whole new business" by Gene Trowbrdge (securities attorney as well). 

Are you any relation to Gene Simmons? 

@Gene Guarino Would love your thoughts on some of the above concerns about opening a RAL in 12 months in light of current COVID conditions. 

@Gene ChandlerAre these your seminars you are putting on? 

@Gene Chandler I think the return/risk-reward applies in my thought process.

I am glad your genes end with you.

Hint... it's all about the demographics.2- Understanding the demand, the competition and the financials3- Positioning your RAL home so that you are full Gene

thanks gene and dev for all the great infomuch appreciated

@Jeff Trevarthen here's a good post to get you started: http://www.biggerpockets.com/renewsblog/2013/10/04/private-money-gene-trowbridge/

Gene, since you are active investor and also a home inspector I am sure we will be talking in the future and more than likely will request your service :) If you happen to suggest any other service providers in Bakersfield area, please do.