Being the military, it had that definite institutional overtone to it, but the basic premise was the same.I recently toured a new senior's complex in which on end - for those who were still relatively self sufficient - had individual units (bedroom, sitting room / kitchenette ... effectively a bachelor apartment but without a full kitchen) clustered together in groups of 4 with their own common room / kitchen and courtyard.On the other side of the complex were units for those who required more assisted living.  

If you're concerned about whether the rates match what was rented, we recommend asking your property management company if they can provide access to the booking details.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Here’s how you can stay informed and ensure your rental properties meet all legal requirements.1.

And I believe they require 30-40% down. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

@Sung Yu You can 1031 exchange your fourplex into a single-family home, provided it’s initially used as an investment property (rented for 1–2 years) to meet IRS requirements.

In general, would you recommend getting a lawyer in the area where the LLC is registered?

To avoid reducing your lifetime exemption, you could gift equity incrementally, but this requires proper legal structuring (e.g., fractional ownership transfers).

@Brady Bitter these funds have margin requirements.