Dig into reverse mortgages before pulling the trigger on anything, specifically HECM's (FHA product).

I don't know the specifics of your state, but in Mississippi, my property manager has filled for garnishment for the amount of rent that is owed.

You listed some of the benefits but you didn’t explain what you’re specifically trying to accomplish.

When it comes to analyzing properties, I’ve developed a specific checklist to make sure the home fits both resident needs and operational goals:Square Footage: Ideally, at least 2,000 sq. ft. to ensure enough living space for residents and staff.No Stairs or Pools: It reduces liability and keeps the home accessible for everyone (this is just my preference).Corner Lots: I love corner lots because they often provide extra parking and outdoor space—both of which are critical for families and visitors.

-Unless renewed, All MTR leases end and a specific move-out time is listed. 

It’s crucial to be mindful of area-specific dynamics, as some neighborhoods have higher crime rates.

Also, make sure you thoroughly research rental demand and average rents in the specific area of Miami you’re considering.

Here’s why I’m asking: I have an Excel model that analyzes deals for a specific region.

Not specific to PPR but with any fund you have to ask two questions:1.

Ask specifically what is needed to comply.