Upon further investigation, I found several more properties under similar circumstances.At first glance, it seems possible that these properties were either gifted to the nursing home by former residents or claimed as repayment for services rendered.I’m new to real estate investing, I’ve been in the education phase for the past 2-3 years.

Quote from @Dani Murai: Any recommendations for a reputable general contractor that services the Torrance/Gardena area? 

DSCR Loan (10% Down Possible)Debt-Service Coverage Ratio (DSCR) loans are based on the rental income, not your personal income.Some lenders allow 10% down, though 15-20% is more common.6.

Happy to be of service.

I am in Central Florida and have some great PM relationships, but none of them cover all the areas I service, so I tell my clients, let's find a property, and then I can connect you with the Best PM that covers the area. 

I would imagine that the hotel marks up their rates to use airbnb a little to offset their service fees, so the net is pretty close to what you would expect.

Is it on a serviced road or ?

Also go through a servicing company for payments to the seller, escrow can probably help you out with a recommendation for that. 

You'd think 60 years would have cleansed all that but it hasn't.You might target social service and local agencies since this property was in the past a half way house or similar and was only converted to market housing to make the sale to you.

Shared living quarter rental, Military or Civil service rental.