It's a whole lot easier to keep an educated eye on repairs and repeats with dedicated internal technicians. 

There are many reasons we transitioned from NY to TN:Taxes: Tennessee's tax-friendly environment means we get to keep more of our hard-earned money.

Congrats on submitting that offer and perusing Senior living, either for you or your client.I have been involved in the purchasing process for several senior living facilities, and work closely with a few people who operate RCFE, sober living, and similar types of properties.From what I have learned, the most important thing to keep in mind when purchasing RCFE properties, is that you are also purchasing a business.

That way, investors can manage their properties in a real estate-specific system while keeping their accounting streamlined in QBO.

Keep in touch if you buy there

If you want to actually own the real estate (some of us like to be able to see and touch what we own), then start with a house hack.

Simple answer is Investors have people like me and many others in BP to keep the books clean as possible, usually running some form of accounting tool/platform.

Quote from @Don Bessette: I have a 30 plus year tenant that can not keep up with maintaining their unit, it is filthy inside and in desperate need of renovation, all systems are in good repair and I respond very quickly when issues are brought to my attention.It is also well below market rent, and they struggle to pay the current rate.Looking for suggestions on how to gently proceed with the notification to move. 

Just keep in mind the more detailed you get, the less data could be provided so you have to take it with a grain of salt.

Need to keep that cash moving!