Taking in the content sounds like a great starting point, and teaming up with someone experienced in these deals is a fantastic idea.

Thanks @Ken Latchers for the idea

Each grouping had a common room (perhaps it was shared by multiple groupings ... this was a detail I missed) with a nurses/aid workers office.Central to the two sides of the complex were common facilities such as a dining hall, gym {perhaps a pool ... another detail I missed}, theatre &  games room.With one of the fastest growing groups in our society being single people, we are examining a related idea of a  complex / building providing a modest-sized 1-bdroom "apartment" with more semi-private and common amenities.When I read the title to your thread, I thought it was a project proposing to mix students and seniors into a single complex ... and came in thinking, this ought to be interesting :-) 

At one point years ago, I toyed with the idea of owning giant apartment complexes in multiple cities.

We had looked into listing on Roofstock early on and haven't revisited the idea which really led me to have some outdated ideas about how they operated.  

Its also a good idea to keep any receipts (I use a google drive folder, they have a scan function that makes uploading receipts a breeze)

Property taxes and insurance costs are best obtained through local county websites or reaching out to insurers directly for quotes specific to the area.Tools like BP Pro and Reventure can be helpful for an overview, but it’s a good idea to validate their data against primary sources to ensure accuracy.

It's important to run your own comps and go out to the property with a contractor so that you can get an idea of true renovation costs. 

Apparently offering them to leave early without requiring rent, they decided a few hour notice is a good idea haha. 

Quote from @Chris Magistrado: This is a terrible idea.87% of all real estate agents quit within two years.