Did it end up being a profitable model?

Could buy model homes in new subdivisions. 

If you are looking at Cash on Cash Return, real estate tends to be a slower growth model (unless you dip your toes into flips instead of buy and hold).

It is currently rented out to standard tenants but I am interested in potentially converting to a care home model.

Please just mention my name or this forum post :)The one-time success rate at Midwest is just a different business model than just the $3500/year.  

The fee structure in PM is so complex just looking at other companies and my own lolIt would be nice simplifying it from a consumer standpoint.We rolled out a monthly flat fee and thus far investors like it.Might completely transition to this model eventually.But all in all PM's have so many different fee structures for the various markets, asset and property types 

Sounds like a pretty genius bizz model..

Hi Ashton, I've been doing BRRRR style deals in the Midwest for the last few years (Memphis and Detroit).

Everyone has their own style of investing in RE as you see there are many different answers that were given.

I’ve recently been exploring the idea of hospice/ continuing care models.