$1250 at the time was well above avg.As the years went by, I started focusing on equity capture. 

anyways I’m from the Chicago land area and I’m a chef/restauranteur in the great city of Chicago. 

This is pure speculation on my part but it feels like they may be trying to capture one more month of rent from the existing tenants. 

A creditor can petition the court to capture the surplus, but Illinois requires the creditor have been an active participant in the foreclosure proceedings.

Assisted living homes of today are luxurious homes with chefs,  amenities, built-in clubs and activities,  fitness clubs you’d want to work out in and high costs for services.

Perhaps this would make sense if your self storage investment is losing money and you want to capture the losses? 

Value captured at acquisition.

This works for both parties, because it allows a buyer who can't get conventional financing to buy a house, and to capture equity from rising house prices, and provides you cash flow and an equity payout at the 5 year mark.  

Just a very simple tax based spreadsheet where I contemporaneously add any items that I pay directly (RE tax, Insurance, some occasional Misc), then a section at the end of the spreadsheet columns where I capture all PM expenses at the end of the year all by property.

There will be some digital marketing involved to bring traffic to a website designed to capture the leads.I know there are regulations governing marketing for investment opportunities, but this seems like a little bit of a grey area.