Depending on what you want to do they can be very,very involved.Most developers are buying value add buildings already constructed and operating for less than what it cost to build new.They are still building in areas where demand is really high and not much product is available.With that you have to see who is building what and where and how many other applications for new buildings for the area are in the process.You have to time the market with your land purchase,build out,and lease up so that you are not finishing your product in a saturated market.You can have 55 and over regular communities, acute care only,or a mix etc.Income is good but management and regulation is more intensive.Depending on size you would want to bring on a senior housing developer with a track record of experience.

He will be focusing mostly on our Landlording, Development/Land/Construction, & Commercial areas, but of course, as always, you'll see him all over the site.Please follow him here on the site and welcome Jon to the team!

In the meantime I called a guy I know in the construction industry.

I plan to do this with a partner who has great construction knowledge and is a very business intelligent person who I believe will be great to team up with and learn the processes.

The baseboard trim is that that dinky 2" stuff.I'm looking for ways to add a few design/architectural elements to really basic uninteresting construction.

Better might be something that pays the bills but exposes you to RE (construction, office work for a company in the field).At some level assume that a sales job might be great training for life but a real negative for credit.

Why on earth would you even consider pre-constructions in a SLOWING/FLAT/DECLINING market?

I work in the commercial construction.

Brief bio of me: I started in construction when I was 12, got my first job in real estate when I was 18 working as a property manager while in college.

I sold it to a friend who bought it with an investor, and the construction budget went over by 100k.