Congrats on submitting that offer and perusing Senior living, either for you or your client.I have been involved in the purchasing process for several senior living facilities, and work closely with a few people who operate RCFE, sober living, and similar types of properties.From what I have learned, the most important thing to keep in mind when purchasing RCFE properties, is that you are also purchasing a business.

Keep in mind these are duplexes so double kitchens, appliances, hvacs ect.... greater cost than a single family.  

Because it takes repetition for people to remember things and you have to be top-of-mind when they encounter a potential client for you!

We have sent letters to each tenant asking them to be mindful and, if needed, to let us know if they have a maintenance issues with a window or door.

I am highly motivated, soak up knowledge like a sponge, and open minded.

Plus, if the property is in a desirable location, you may have little trouble finding tenants.However, there are potential cons to be mindful of.

Thanks for the advice—definitely keeping those points in mind as I search for the right deal.

Our goal is to acquire an additional 200 units by the end of 2025 and connect with like-minded individuals passionate about real estate.Outside of my professional endeavors, my interests and hobbies include weightlifting, off-roading, hunting/fishing, and searching for the next big deal.What's your Real estate testimony, and how can we work together to build success?

Welcome Dan, This is a fantastic community to connect with like-minded individuals.

Your partner is right there if you need to fill in for an absent cleaner or resolve a guest issue.