Your LTC leverage is also very similar to a bank construction loan but between origination fees and interest charges you will incur  ~$20,000 more in finance charges during the life of this renovation project.

Oh yeah, that's the med-life. 

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

@Vanessa Lule I think your biggest hurdle is getting someone over the barrier that you have limited investing and life experiences.

They could have used that money for much better investments that would have allowed them actual financial freedom.People look at tax deferment as if it is some pot of gold that then dictates their very life.

Life it too short to teach people that won't follow through...or to spend money learning stuff that you won't apply.

If, however, there are any gaps at all in any of the above items, even a gap so small a mouse can squeeze through, that tenant will exploit it and your life just became a 7th Level of Dante's Inferno.....:)

There's always someone getting older, or something going on in their life, and wants to sell out.

The plan for me is to breathe new life into old structures and develop useful supporting infrastructure to enhance the main focus of the repurposed campus.Anybody working in the Milwaukee area that might be interested in partnering or at least connecting with Stormi Jellison (Stormi Maya), please reach out to her.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.