The potential for a loan call is higher and higher with sub to the more parties you involve if that makes sense.Trying to take down four homes sub to and then do remodels to them all, and then list them on short-term rental sites, and get full permitting and ok for not just the STR, but for your renovations and all prior renovations maybe done without a permit, while on subto, sounds like a pretty big mess to me.I would consult with a sub to specialist and prepare for the potential of having all the loans called at some point.

Sounds good, thank you!!

@Audrey Sommer Zillow has replaced Craigslist as the #1 platform tenants use to find new homes.

I think the idea of owning your house at all costs has had it's day in the sun and people are waking up to the fact that renting is often times the financially sound decision.

I relocated the tenants to an Airbnb for $1k while it dried out and the plumbing was replaced.

Congratulations on launching Mindful Real Estate Partners, and it sounds like you and Matt have had an incredible journey so far!

You sound young, and honestly, this is one of the best ideas you could go with.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

I'm thinking that I just leave it as is and wait to replace it. 

Hey Derek, not sure if I'm qualified enough to answer this, as it sounds like you are trying to commercially lease to a bigger box assisted living facility/company, but you could consider:- Leaving the residential as residential, subdividing, and building to suit residential assisted living homes.