Broken blinds, refrigerator and freezer door left wide open and running.

This step involves casting a wide net to gather a diverse pool of potential sponsors.

Many lenders want to see 3 or 5 exits before being wide open to financing for you.

These buildings typically have large rooms, wide corridors and high ceilings, making them ideal for an ALF. 

While the wealth of knowledge and experience on BiggerPockets is wide and deep, I would not trust a decision like this to the internet, I would ask you CPA and if you do not have one find one who specializes in this sort of thing.

However, the new Community Development Grant (CDG) program simplifies access to critical funds, offering three distinct grant categories:-Small Grants (up to $250,000)-Medium Grants ($300,001 to $5 million)-Large Grants (over $5 million)These grants can support a wide range of projects, including office, retail, cultural, industrial, and mixed-use developments of more than 10+ housing units with ground-floor retail.

That being said, I have detailed measurements and pictures of every angle inside every room, and to me that’s worth more than seeing a place in person since I do plenty remote renovations.

Conversely, someone with a smaller portfolio might have a WIDE variety of experiences and expertise in a lot of areas because they are hands-on in all aspects of investing and could give you guidance you can employ in ways that suit you best.

I think one angle to consider is instead of learning how to manage, learn how to own and then adapt that to become a co-host.Something like owners work/hire you to pick up slack in regards to being a "on the ground" person to handle problems.

The door opens wide open for tax strategy then.Good luck!