Did you modify the layout of the building (e.g., add bedrooms, reconfigure space)?

The requirement to change them has to come up for any other requirements that you have in which you will need to modify the panel.

.: I am looking for a case study or resource that has various examples of investing from 1 deal in MF to an establised portfolio..I simply want an illustration of the capital that was compounded over time to the point of creating wealth and spendable income for the owner.  

We have modified many seller financed notes over the years (with input from the servicer and a qualified attorney as mentioned by others). 

Simply report your accurate rents and expenses which you should be tracking as well and not simply relying on your property management company and their reporting. 

The type of analysis I run is a modified risk adjusted return analysis based on an analytical technique taught to be in an advanced finance class by a Professor long since retired.  

I was in flips and existing inventory in Columbus Ohio for 10 years and after old houses went over budget I started to modify my strategy to represent more of a market mover and new construction does this. it's been 2 years and haven't looked back.

It's a smart move on your behalf. if you are planning to continue to invest in flips, I would simply use the new LLC for all of your flips.

Not even assisted living just shared housing for seniors who are simply lonely.  

@Katrina Robinson Do your tenants receive care or do they simply reside in the property like boarders?