Definitely starting out right - you're about to gain priceless knowledge on the PM, rehab, tenant, regulations, and I'm guessing finance fronts of this crazy game.

Its a highly regulated industry - I would suggest you consider just finding a brokerage that will work with you - there are many.  

However, I would do some research on what type of notice the regulations require in that situation. 

Most new investors rarely consider the consequences of actually having to work with people and will not even bother learning their state landlord tenant regulations prior to investing. 

There are regulations regarding advertising, pooling funds,Seek the advice of an attorney. 

We own 1, closing on a 2nd, and want to get more.We started out just doing extra rooms in our house and we have learned a lot, and you ARE ABSOLUTELY asking the right questions.To dive right into it, the first thing I always recommend is to ALWAYS buy not only where it is legal, but we prefer to buy in places that already have established regulation.

I know the building code regulations can get tricky and there is little data in determining the average cost per square foot for a building made out of hemp, for example.

I was thinking of an addendum to be part of the lease agreement and/or rules and regulations.

The investment philosophy may be similar but business, finances and regulations are not.

Adult care is a highly regulated business.