Good chance you'll be like Michael Chang and make enough to purchase a substantial amount of real estate through the rental arbitrage method! 

I personally have nothing but nightmare and horror stories, not necessarily problems with the tenants, just problems with the procedures and the paperwork, poor communication from the HUD caseworker etc... 

Of course one method to check demand is to see if there is an existing commercial ALF already in town and if so where.

Also, owners/tenants/and vendors enjoy using it as a form of communication and information gathering.

Reduce labor expenses, you increase disposable incomes, reduce cost of goods, reducing cost of finished material goods, creating a compounding effect of savings that all culminate in a significant reduction in cost of housing production, increasing production capacity, increasing affordability, invigorating economic activity, raising tax revenues via the Walmart method of volume over profit margin..... 

This book got me off the sidelines and in the game: Build a Rental Property Empire by Mark Ferguson and this book elevated my landlording methods: Managing Rental Properties by Heather & Brandon Turner~ Lindsey

When talking to sellers, it's important to make sure your method fits their needs.

I work with out of state client who use all types of methods.

Speak to them about their experiences and satisfaction with the firm.Look for testimonials or case studies that demonstrate successful investments and positive investor experiences.Evaluate Transparency and Communication:Assess how transparent the firm is about their operations, fees, and processes.Ensure they provide clear and regular communication about your investments, including updates on loan performance and any issues that arise.Analyze Risk Management Practices:Understand how the firm manages risk.

Let the tenants know going forward all communication should go through your attorney.The other option is to get a property manager involved as well, but at this point i would go right to an attorney.