My thinking is that by renting to a residential care facility I can effectively utilize all the space, earn above market rent, and help provide a needed service, while avoiding tenant parking jams. 

I’ve been in this space for a long time, coaching and investing, and I love helping people get started.

I wanted to get my feet wet in the commercial space as I look to grow my portfolio and negate risk with more units.

U invest in the fund and there is no debt ahead of you you own the debt free and clear the only risk is they buy the wrong debt and the underlying collateral does not support the investment.. which is why you go with folks that have a lot of experience in the space and now how to value the collateral.

I would have already filed lawsuits - if you know of 10+ typically there is more, and those who get in line first get to eat first - you do not want to be like the guy in office space and sit around and do nothing and not be the one to get a piece of the cake.

Its crunch space in case things go wrong.

The price to rent ratio one can get in the Section 8 space in Detroit is next level. 

Quote from @Chris Seveney: @Jay HinrichsYep - npl space right now pricing is high and thus returns have shrunk just like every other asset class.

If you are thinking of targeting travel nurses just know that most of the demand is in the 1-2 BR space.

We were a growing family and needed more space.