This does not account for the also large supply of new construction single family inventory hitting the market in 2024 and 2025. 

If they do, they go to a higher level of care such as a nursing home (higher level of assistance with ADLs) or a Skilled Nursing Facility (called a SNIFF, where medical care is provided).The ALFs I'm working with are all running at 100% capacity and have waiting lists, because there are simply not enough beds.A sharp operator will find an unused municipal building - especially a school - and work with the town building department, code enforcement and fire inspector to get it up to code. 

Doing a 203k on a multi can be challenging, depending on tenants so your best bet is to get one vacant, but then you are at a full loss while construction is going on.

Hidden damages or poor construction can cause issues down the road.

Also to mention I’m a licensed home inspector since 2016, owner of Prime Home Inspection.

In the interim, the Investor B BRRRR strategist spent 3X as much time managing the acquisition, construction and management of their assets comparted to the Investor A strategist.

Please note that we focus on new construction properties mainly, which is different than the traditional "turnkey" model.  

Hey all, Looking to get a short list of trusted home inspectors near Beaufort South Carolina.

I also manage about 50 new construction homes for other owners in various places, and even though there is less R&M than older stuff, stuff still breaks and you need to fix it. 

Tenants will tell on each other and describe other issues that have been ignored or neglected that the inspector didn't see.Once I've built that rapport, then I start my rent increases.