@Rassan SampsonHi Rassan, I was merely just stating what I see in the market and if you were to have a partner here in Michigan to help you since you inquired.

The biggest problem with the Core 4 concept in a place like Pittsburgh, where you're routinely dealing with 100-year-old housing stock and a poorly trained workforce sorely lacking in imported professional tradesman labor, is that your  No. 3 Contractor had better be No. 1 on your list and s/he had also better be both closer to a walking encyclopedia of historic building and renovation than a mere mortal, and also a solid rock of emotional stability and professionalism.

Given your presumed lack of experience in operating a senior care facility, the last thing you want is an operator that sees you as a low hanging contract that they can walk away from with minimal damage.We're deep in the throes as well so this is merely a primer based on our experiences.

If you merely tie up the property via a contract for purchase and then sell that contract at a greater price, you are brokering, not wholesaling.  

Selling a $520,000 annual NOI for a mere $1.8 million sounds dubious to me unless this is some kind of family deal.   

NA Martin   mixed bag coming to Oregon... large Hispanic work force... and then Brain drain from companies Like Intel  etc... they come up to the Silicon forest.Or a guy like me RE  dude

A deed is merely a paper used to memorialize a transfer between parties.

always remember, the trustee is merely a pawn, just like in chess.

Because we merely "helped" individuals.

To make matters more complicated, I discovered that the developer of the house didn't remove the old exterior wall when building on the addition and merely covered it up with drywall.