Many times, HMLs are best suited to cover both purchase and rehab to avoid that double-lien issue.

Hey Derek, not sure if I'm qualified enough to answer this, as it sounds like you are trying to commercially lease to a bigger box assisted living facility/company, but you could consider:- Leaving the residential as residential, subdividing, and building to suit residential assisted living homes.

From what I have noticed looking at the MLS, your money goes way further in Saskatoon because you can purchase properties with up to four units, whereas in the other two cities, I mostly see single-family homes with (maybe) a basement suite.

I feel in the event of a law suit, it will ultimately come down to whatever the judge/jury decides...again...subjective. 

With the right strategy, you can leverage the flexibility of real estate to suit your available time and financial goals.

My Instagram and FB accounts were Meta verified (@chicagobrie) and someone hacked my linked business account (@midwestresummit) and violated community guidelines.

Cant lose a suit for telling the truth :)  Bottom line though Real estate has risk in all investments..

Quote from @Michael Carter: Looks to me like Barryvilles location is really only suited for STR.

Quote from @Scott Meech: Quote from @Jamie Banks: Hi Scott,When determining if a property is suited for MTR you should do some research on what brings people to the area who need to rent midterm.Thank you.

Get the license it's pretty easy to avoid the men in black suits.