Hopefully someone else will actually have something positive to contribute, instead of a rude response that adds no value, and just adds to post count. 

I would appreciate any positive or negative comments on your experience with this investment opportunity. 

You could theoretically structure a deal where you are cash flowing negative, but have an overall positive ROI.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Then the remaining profits get distributed at whatever split you both agree to...I often see it start at 25/75 (75 to the person in your position) and then maybe increase it to 40/60 or 50/50.It would really help if you could provide some numbers on your deal. 

The reason being if you show them those reserves and the deal goes bad, they are gonna come after you for that $ and that will put you in a really bad position.

If you’re in the position to buy multiple deals because this nursing home may get properties frequently.

Does anyone have experience of setting up a STR while in the same position? 

That's why mature investors with long positions like Boston while places like Brockton and Holyoke are more affordable.

I have worked really hard over the past decade to position myself to begin to build my portfolio.