new construction gets valued at a way higher premium. this is a false statement. new construction will always beat existing Very market dependent.

Depending on person it's in the teens.

Quote from @Paul Lucenti: It depends what you're looking for.

We do not use the credit score, we use the information on the credit report to gauge how long they have lived at addresses and what kind of judgements they have.

You could start by reaching out to any local corporations that do assisted living in your area and see what they are looking for (location, space specs, etc). 

@Jonathan LudizacaIt really depends on the market.

Depending on how you use the property, you may benefit from a cost segregation study and bonus depreciation once the property is in service. 

It  depends on your risk tolerance and what other assets you’d like to protect.

Loans like this can be useful or very dangerous, depending on how you manage your business.The ideal situation for a loan like this is when you have a property that will take a while to get up and running. 

If you are doing a live-in flip why not use that equity for a down payment with a refi or HELOC?