Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.

Just my opinion, but if I were going to start an ALF I would find a company that manages them (i.e. all the hiring, scheduling, etc) so practically everything is outsourced.

I’d love to connect with anyone in the area to talk strategy and best practices.

Banks lending with 0 down and other stupid practices also added to this.

@Jay G.CA Civil Code 1102.3(a) says "in the case of a sale, as soon as practicable before transfer of title."  

@Melonie Dickson - It can be a normal practice in very competitive markets.

Your past practice and current business model is buy and hold.5. .

They are also a convenient way to prove I am intelligent enough to learn new things like medical device regulations or commercial real estate sales practices. 

First off, he has been a paying tenant for a number of years.... in the many stories I have read on BP, it seems there is plenty of cost every time you turn over a property, so if this tenant has been in place for so many years, you will have turnover costs anyway, but you have saved a ton not having them for all these years, so for the folks tearing your business practice apart, I'd say it has worked out thus far.In regard to what to do...

We have practically everything in house between an investment division, subcontractors ready to work, hard money lending, project management, and property management.