But as of now, I do not think I am going to take up my lender on the construction loan, and wow does it feel like the world is off my shoulders and I have breathing room and peace of mind I have not had in a while.Either way, so far it has been difficult like @Bruce Woodruff and @Mike Smith @Jim Flynn  @Jay Hinrichs @Eric James @Jay Pateland anyone else I am leaving out had said it would be and I have not even started the build.

Chapter 7 they can breathe again and generally cannot start new credit for another 6 months minimum so should have some cash to pay the rent.No legal advice given.  

But take a breath and ensure you know and understand all your legal responsibilities as a landlord in Philadelphia before jumping in.

. $100 profit is a small window of breathing room for repairs. 10k is a roof now of days.

Either way - may want to consider that route - less of a headache and better to establish a relationship with a banker than to have private money breathing down your necks sucking your profits or having to pay them above market interest rates or whatever their terms are.You'll just have to find the right bank that is comfortable with Assisted living - One carrot I've dangled before to get a loan (for my personal residence anyways) was that any bank that would lend to me for "X" would have a great chance at getting my operating/business accounts -- a lot of money goes in and goes out - but if you get to a point you'll be able to build up your reserves -- smaller banks would really like to have your business accounts on their books. 

I wish I could have breathed and waited.

So, I hope you're not holding your breath.

Smoking shall consist of but not be limited to: Inhaling, exhaling, breathing, vaporizing, carrying, or possession of any lighted cigarette, cigar, pipe, other product containing any amount of tobacco, or other similar lighted product such as marijuana, cannabis, and the like.

Just take a deep breath and offer less than you think you should.

But, for several reasons, it may not happen and I am not going to hold my breath on it.