@David MoreauStart by 1) educating yourself on the topic2) learning the local laws through the Healthcare ans Seniors agencies3) networking/finding existing operators in the space.Feel free to PM if you'd like to chat further. 

I’m eying a 5 acre property that has an existing home currently in the lot.

Yeah, this doesn't work well for an asphalt-shingled roof.

Get those CCs paid down, and you'll also potentially earn higher credit limits on those existing cards (a good rule of thumb is to keep your utilization lower than 30% of your limit which, if done consistently, can boost your credit score). 

I am building more 14x50 storage units with the doors facing the existing doors.

Flat with 2 lots together and 2 existing small old houses to be demolished.  15K Sq.

The conservation area was tough, you basically cant build anything on it, not even asphalt.

So if the value of that property raises 100k in 12 years, then me renting it out for $1500 is going to be a huge hit on my because my purchase price was 100k higher than the owners.So my question more or less was how to consider that when acquiring properties that may have existing tenants locked in at a rate or factoring that in with what the MLS has the unit rent price listed for to account for the price at which I will purchase it for. 

The 3 lots currently have homes existing seperately on each one.

Right, sorry I thought they were looking to revamp the existing laminate and most likely the cost is about the same and going the extra step really makes it pop.