Downtown str's have done well and it's convenient to the front gate of NAS Pensacola but you could also consider near the beaches of Perdido Key since that is convenient to the back gate and it's a more traditional tourist destination. 

That carries over to the economics of the deal and you'll see returns much lower than if you run them on a more efficient floorplan. 

By that, I mean that the returns you expected should have been significantly higher than the returns from a similar investment with a more conservative financing structure.

If you can get a property with a more modern floorplan at a similar price I would go for that.

I could definitely appreciate your purchase if you are running a more active and construction based real estate business but I have some qualms about liability and would want to know more about your business structure.   

It's becoming more popular for investors because of the increasing demand for senior care and the fact that you can provide a more personalized and higher-quality living experience compared to larger facilities.Here are a few key insights to keep in mind:Regulations and Zoning: Each state has its own set of regulations for assisted living.

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

These approaches consider how the capital has grown or shrunk over time, providing a more accurate reflection of actual performance.For instance, the CAGR in this case would be negative, as it accounts for the overall movement of the investment from $100 to $50 over the two-year period, indicating a loss.If you'd like further clarification or assistance in understanding other metrics for evaluating investments, feel free to ask!

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

In my case, I don't have enough units to need all the bells and whistles of a more robust system.