I'm following this post because like David, I have great interest in starting a 5-6 room non-medical independent living facility.

I foresee that we are at the point where we need to really hone in our processes and procedures, so that we can scale well because we have just sort of been shooting from the hip.

That has since been extended until September 1st with no clear indication of processes or procedures or potential issuance. 

My target is medical/business professionals.  

It needs to be a certain speed, certain smoothness to your due diligence and underwriting procedure, you really shouldn’t get too much into the weeds, especially when calculating monthly costs.  

We have lost not one property.While the foreclosure process in Texas is short compared to other states, the notice procedure and advanced notice by the mortgage companies has been extensive. 

Definitely looking for more turn key because the nature of the money is due to medical reasons.

Realty Shares raised $1 million in under 24 hours for a medical office property last week. 

While the procedure will be the same for my Zelle payers, the limited locations of the community bank will be less convenient for tenants who pay with money orders.

@theresa I agree.. the more I think about it, the more skeptical I get that even if the Dept of Buildings approve it as an Airbnb, if that's enough grounds to stand on legally if an Airbnb client reports/sues me because of, I don't know, a medical injury because of hitting their head on the short ceiling (even if I disclose info about the ceiling upfront on the listing).