By ensuring that residents receive proper care, social engagement, and support, investors can help improve the quality of life for many adults who cannot live independently.For those new to real estate, partnering with experienced investors and healthcare professionals can help mitigate risks and provide operational expertise, making this a strong niche investment strategy.The Power of Group Investment in CLAsAnother exciting aspect of CLA investing is the potential for investors to combine their resources to acquire and operate these properties.

How can I strike a deal where they can still receive some income from the property, but I can purchase the home and make my share and eventually (1-2 years away) own the home and eventually get full profit from this 8-unit property.

Legal violations and penalities(fines) even if you have accounting software to track the difference. 

I should have clarified that what I meant was that there are PMs out there that will do the most expedient thing and accept a tenant just to receive a quick commission.  

Yes if you hold it long term (really long term), you may get back the same amount that you would have received by not paying capital gains, but you have to hold it long term AND have the house appreciate. 

Yea I would definitely show before receiving applications.

If are confident you will receive a permit, then somethings to think about...#1 I would call the city rentals department directly and ask if the seller's license will remain active until the day yours becomes active.

If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!

Im trying to stay hopeful that it will turn around but I just keep receiving blow after blow.

If you want to look at total expenses over the years, you need to look at total income received as well with your potential sale price.