Baby steps, my friend. 

I know the ALFs are heavily regulated - not sure to what degree here yet, but that will definitely be on my list of items to research.As the baby-boomer generation continues to age, I know both types of facilities will continue to increase in demand. 

You get your original capital out - no money down baby (and you have infinity cash-on-cash return) and you get $500/month truly passive income (you're not responsible for maintenance, repairs, etc since you're not the owner...you're the bank).The downside: after 2 years, you no longer have any income.

Other occupants would be the ladies 20 year old daughter who was very nice and her 7 month baby.

Like others mentioned these are the same people I happen to run into the few times I get out to the bar ( apearently enough money to buy drinks for a night and hire a baby sitter for her 3 - 4 kids).

I notice that you often cite sources which is good that means you read something, often times people argue based on things they hear and they argue that like its their baby. if you want to cite sources thats great it give me something to read and i love to learn and my views change if the facts are their to support them.I applaud you though because even though we don't agree on a few things i appreciate that your not name calling and what not, i can live with that and i'm sure we can agree on something.... were both real estate investors so were not looking for handouts were taking our piece.

The baby or the man?

Yes.Do I watch them have more babies out of wedlock or otherwise scam the system to continue getting free government money?

CA has the 6-7th largest economy in the world while Alaska operates like Marvin the martian ("drill baby drill").

My first deal was an installment contract on my house, wife and a baby, a friend of the family sold it to me.