@Eli DonosoTo purchase your first investment property, set clear goals, choose the property type, and prepare for financial requirements.

I have not created an LLC yet, but it appears there are different types.

Make sure to follow all legal procedures correctly and keep documentation of all communications and actions taken.In the long term, taking preventive measures from the start can help avoid similar non-payment issues in the future.

@David ChwaszczewskiThere is no such thing as that type of account.

I swear I can look up the recording documents on my county assessor’s website. 

What made you interested in investing in this type of deal?

When preparing for the appeal, gather all documentation that supports your case, including the recent appraisals, receipts for repairs and improvements, and any other relevant documents.

Is anyone familiar with this type of rental property or have any insight of the senior housing market?

I might be overthinking things but how do I analyze a property that has multiple types of renters in the area?

Ben made some good points as well that these types of properties typical deal with higher maintenance rates and property management can be an issue.