In Nancy’s opinion, this care model, combined with the social capital of a cohousing community when properly supported with trained staff can result in quality care.

The best part for investors about being near hospitals is that the staff tends to turn over frequently because of residences and travel nurses, providing stable rental and home buyer demand.

I do have a hired manager, but he is overwhelmed with the 3-5 projects we have going at any given time, plus managing rental properties and overall bookkeeping help with my end of the business. 

To be honest starting out seems overwhelming and scary especially considering investing much of savings into a property that may or may not be successful.

For example, I've had clients walk into homes with vibrant orange kitchens or neon green bathrooms and instantly feel overwhelmed.

Feeling overwhelmed and nervous about an audit!!!

My experience with a property management company has been overwhelmingly negative.

Ask your property manager to prepare a staffing plan which would show how they would staff the property and what the salaries would be. 

Most banks allow you to export the full year of activity to excel.If you are not comfortable using excel - you should reach out to your accountant if he/she has a bookkeeper on staff and how much it would cost them to do your books.It may be cheaper overall for your accountant to do it if you just need the books to be done once a year instead of on a monthly basis.Furthermore, this saves you from having to pay for the software.

It's a lot easier purchasing a site that's ran as a "company" because they have systems in place, they have to, and those can be transferred with staff keeping operations in tact.