They are nice people, "elderly," which explains the slight delay in payment. 

She is elderly and stated that she would like to aim for a 5yr loan (30yr amortization) which is fine with me because adding the two additional units will increase the overall value so then I can refinance out at a much higher ARV.

Had death of an elderly single tenant back in early Dec 2021, luckily I was able to locate the estrange daughter/family member in California to sign off on a Death Acknowledgement and Disposal of Property letter electronically (which is required).

Meanwhile, other unique commercial property assets include self-storage, those utilized for elder care, and hotels.5.

A mixture of young and elderly tenants.

Quote from @Nick Elder: @Victoria H.I think you'd be better off putting your money into a syndication or fund focused on large multifamily with a 3-5 year hold and with a reputable fund manager.

check out group home riches and elder keith humes " how to start a halfway house"   those are 2 resources that I have found recently and am studying for a rehab I'm doing w the intention of opening a halfway house...looking for JV to complete the project    I hope those 2 resources help    also, check w your local COC's to see what would be of most benefit in your particular area

The issue is that one tenant is elderly and disabled so we'd like to assist her in finding a more suitable place to live.

@Michael Elder Hi Michael - I'm a realtor with RE/MAX (licensed in Indiana), but have several connections all over Florida.

I am talking about the type of facility that takes care of maintenance and have activities for the elderly (not necessarily nursing situations, etc).