Makes your life as a property manager easier, and provides consistent rents coming in.

However, if you ask me that in ten years....the city life might drive me out there! 

I've been doing this basically my whole life and I can tell within about 5 minutes of a phone conversation if I'm dealing with somebody that I can trust and also dealing with somebody that knows how this system works.

May your bookings be as plentiful as you wish, your guests be low-maintenance, thoughtful, and honest, and your positive reviews numerous.

I have been doing this since the mid 80s  over 3500.00 transactions and If I can do it you can do it :) "If I can do it you can do it :)"Haha, this is exactly my problem in life... if other people can pull off out-of-state investing in class C neighborhoods, maybe I can too? 

We did another tranche at 40 so by then he will have gone thru life by then.  

about managing rentals before you start bleeding cash and ruining your life.

Union City I tend to avoid, there are a few pockets that work for MTR but for the most part the city's rental laws make life very tough for landlords. 

@Diogo Candido i'm definitly up for a good challenge ;) Looking at what is in the market already, it seems we would need to "build" some kind of 4 or 5 star hotel but ready for seniors.Then we would have two options:1) find an operator to run the assisted business who would be our tenant (not the seniors) and pay us a rent;2) manage the property and the assisted business;At this point in my life, i would be only interested in number 1).

He swindled all of us, and now will ride to the sunset, and laugh at us for the rest of his life?