Originally posted by @Gene Cook:I know this is an old thread but I have to ask Joe Villeneuve what the heck he is talking about .

You'll also develop an appreciation for how little really good finishing work happens in this country, and how many dudes who pretend they can do this well are not gifted with quality tool-using genes.

Over the last couple months I've heard Gene Guarino and other guests talk about assisted living on multiple podcast which really got me interested in it. 

Like @Gene Hacker mentioned, many of the properties in those areas are in bad shape and bad neighborhoods.

@Jillian Sidoti or Gene Trowbridge.

I'd start with two of David Lindahl's books, Gene Trowbridge book.

Here is a book list for you:"Buying and Selling Apartment Buildings" by Steve Burges"Multifamily Millions" by Dave Lindahl"It's a While New Business" by Gene Trowbridge "How to Create Lifetime Cashflow by Buying Multifamily Properties" by Rod Khelif.To answer your question, LOI is your first step.

Originally posted by @Gene Chandler:It is really an interesting business and doable if you have the time and understand each State and County's rules.

@Gene Hacker can get you more information if you can make it

Gene Trowbridge has a great book called ”It’s a Whole New Business” which is very educational.