This is a fine needle to thread because at this size, you very quickly start competing with high net worth individuals who are seeking summer homes. 

You could start by reaching out to any local corporations that do assisted living in your area and see what they are looking for (location, space specs, etc). 

The key is to standardize property quality and management systems, which would appeal to buyers seeking scale.If you’re thinking long-term, holding these properties for cash flow while leveraging local appreciation is also a strong play.

Hi everyone,I’m seeking advice on the best strategy to achieve a goal of $5,000/month in passive or active income starting with $200,000.I’m currently considering Texas, but I’m open to other states if they offer better opportunities.

Readers should seek professional advice.

Alternatively, once you have a full time job (or an employment contract), you should be able to qualify for a loan and utilize a Down Payment Assistance program.

Readers should seek professional advice.

Similarly, My mother-in-law went to live in assisted living homes rather than us having a guest house in the backyard of our current home where we could have hired a nurse full time to be here with her to take care of her at our home.

Let me know if I can be of assistance. 

Thus, I'm not seeking 100 occupancy.Staci