It sounds too good to be true.

It sounds like you’re in a fantastic position to explore new opportunities.

Sounds like a good buy!

Based on the size of the building, it sounds like an older residential building that has converted back and forth several times over the years, making it more likely to encounter the issues mentioned above.

Sounds right up my alley, let's connect so I can learn a bit more.

Which sounds cliché but is the reality of senior housing projects.

My advice, don't go for a homerun, a base hit is just fine.. buy something solid and get educated about your market.Its sounds like you are spreading yourself a little thin with all those markets to study. 

It sounds like you will likely need to file a Form 1065 if you go through with this to report all the income and expenses on and the partnership will give each of you a Schedule K1 with your share of the income/expenses which go on your tax returns.

In a way this sounded like they knew it was unpermitted.

House hacking sounds like a great fit for you—buying a multi-family, living in one unit, and renting out the others can help cover your mortgage while you’re on the go.