It's becoming more popular for investors because of the increasing demand for senior care and the fact that you can provide a more personalized and higher-quality living experience compared to larger facilities.Here are a few key insights to keep in mind:Regulations and Zoning: Each state has its own set of regulations for assisted living.

Now there should be a time limit for them to give your 1st month rent before they get the keys and take possession.

—will be key to success!!

Understanding the investment in regards to how it will work long term is key in this case since you will likely be the owner for awhile (30-40 years is where you will see a huge increase in value if it is in the right location).

Master key metrics like cash-on-cash return, cap rates, and IRR.

—will be key to success!!

Considering STR (short-term rental) or MTR (medium-term rental) is smart, but also being prepared for long-term rentals (LTR) is key since markets and regulations can change.Fourplex vs.

Since you don’t have a credit score yet, think about getting a secured credit card to build it up—it’ll be key for real estate financing.

Appraisal for post renovation is 5.5 million.1 million equity for one deal and around 9,000 per month in cash flow once stabilized is life changing to me, along with the cost segregation.You can make money in real estate in so many ways, whether you're @Jay Hinrichs funding deals and developing, or @Brian Burke syndicating, or wholesaling, buying single family homes, fixing and flipping, short term rentals, etc.The key is to pick you vehicle and master it.I would be remiss to say that I believe multifamily is the holy grail of real estate investing.

However, the outline below is fairly standard across most business plans.Executive Summary (Objective, mission, keys to success, etc.)Company Summary (Goals, operations, ownership & personnel experience, etc.)Market Analysis & Strategy (Approach for finding deals, investment strategy, etc.)Financial Plan (Startup costs, leverage, reserves, etc.)Exit Strategy (Timeline or milestones for exiting or refinancing investments)