.: @Marcus AuerbachThe thing I always think about when I look at the homes along the golf courses is how much I really don't want to know what goes on in them.I love strolling around barefoot in my backyard early morning with a cup of coffee before the sun burns off the dew.

11DefineConsult an interior designer12PlanCreate project plan (timelines, key dates, who to contact)13PlanCreate budget and brainstorm financing options14PlanSecure financing15BuildGet permits and licenseses16BuildGet water/electricity/power hookups set up17BuildPrepare for build (e.g. lay foundation)18BuildBuy structure19BuildBuild and remodel structure (insulation, electric, siding, etc.)20BuildBuild out interior design (e.g. paint, decorate, etc.) and buy appliances/decor21BuildBuild out lawn and landscape22BuildFinalize the exterior of the building (e.g. paint and fixtures)23MarketTake photos24MarketCreate listing25MarketCreate websiteThanks!

All standard commercial mortgages include DSCR, calling an assisted living facility mortgage a "DSCR loan" is like calling a home loan a "DTI mortgage," or calling a cup of coffee a "caffeine coffee," or calling a gun a "bullet gun." 

There is also a 1x per month count of kitchen items conducted by facilities manager and restock of cutlery, plates, cups etc.

I believe, they purchase their houses in better areas (better than ours) and a complete rehab, plumbing, wiring, roofs, walls, fixtures help with longevity.

It is a GREAT place for either flips or BRRRR right now, especially if you focus in MO.Great growth from athletics and infrastructure advancements (solid public transit) that with the World Cup coming and a few other things in the near future, highly recommend it before it gets too expensive.Happy to talk through it if you are interested.Good luck!

@Benjamin SulkaThis one was mostly cosmetic: paint, carpet/floors, light fixtures, trim, landscape clean up, rodent remediation, bathroom vanities in the 1/2 baths, and some of the windows.Rehabbed one unit at the time aside from the windows.

This year, between tenants, I will be replacing the carpet with vinyl flooring, updating the bathroom vanity/lighting/mirror, and some other small updates such as changing out light fixtures, and faucets, and switching the old blinds from fresh curtains.

*Periodically inspect all sinks, bathtubs, washing machines, plumbing fixtures, appliances, windows, or anywhere water may be present to ascertain whether or not there is any water present around fixtures.

Step inside to discover a freshly painted interior complemented by newer flooring, fixtures, and appliances, creating a coastal ambiance throughout How did you finance this deal?