Others are handing the keys back to senior lenders.

You own the property subject to the senior.

That said, we don't need to be next to family but being somewhat close by has advantages so those places are favored somewhat.The strategy is to buy, househack a value-add multifamily for 2 years then rinse and repeat until we can build up enough capital to either start developing, move to larger multifamily or the wife wants to start a senior care facility. 

The REIT industry, after facing turbulence, is projected to see a resurgence with total returns expected to climb.Distressed sales, particularly in urban areas, and investments in senior housing are highlighted as key sectors to watch.

Preferred equity bears less risk in light of the fact that they senior to common equity.

.- All loans are in first position, with senior rights.- Lends only to experienced borrowers- Has good liquidity - 1 year lockup or lessThe problem is that no fund meets all of these criteria.

Did your agent approach Citizens? 

I am a senior at the University of Colorado Boulder studying finance and real estate looking to move back to California after graduating in a few weeks.

Second problem is we are Canadian citizens, staying down in the US fir 6 months per year, so no credit score down here or SSN.  

It also goes against the narrative of ever US citizen should own a home mantra .. this will of course harm some minorities big time and as you noted those looking to max leverage their way into the home ownership..