That being said, life happens, and the mortgage police are not going to come looking for you if something unexpected happens and you have to move out of the house before one year.

Quote from @Karl Kauper: The tenant should figure his own life out.

I have not paid yet- pls help a senior citizen salvage his entire lifes savings!

I think this principle applies to everything in life.

By trade and training, I’m a marketing, finance, and strategy guy, but at heart, I’m an entrepreneur who loves working with people and building meaningful connections.Real estate has been a part of my life for as long as I can remember, and now I’m diving in to carve my own path. 

Time of year I can't get anything rented if my life depended on it right now and I have lots of vacants.

By temporarily halting distributions, we can preserve capital, manage our resources more effectively, and invest in key areas that will drive future growth and profitability.In the interim, we are taking strategic steps to strengthen our financial health, including cost-reduction measures, revenue-generating initiatives, and debt restructuring options.

Otherwise, if something horrible does happen, you just opened up a huge lawsuit that could destroy your life!

@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).

Ask yourself how much work you want to do (real estate is not a passive income endeavor) and how does it or does not fit into your life right now.