You could start by reaching out to any local corporations that do assisted living in your area and see what they are looking for (location, space specs, etc). 

Our team also focuses heavy on STR management and assisting in renovation to get higher dollars per night.Let me know if you free for a call sometime.

I believe they will let me assist them with managing and helping grow the investments, but am worried about making any moves since I have no direct investment experience of my own. 

Others are responsible with their budget and can stretch a dollar.If they are excellent renters, I would offer them the option to renew and let them make the choice.

Starting with single-family and small multi-family properties is a smart choice, especially out of state.

We have some Rensselaer tenants on various forms of assistance, so happy to chat though that, as well.

Give me the horse and buggy vs a self driving car with immature software and sensors any day.My point is you should use as much technology as you can to make your life easier without going beyond its limits, and in the meantime always be on the lookout for new solutions that solve problems without creating new ones.

Rehab costs and ARV (After Repair Value) are key parts of evaluating deals, so it’s great that you’re diving into these concepts early.For rehab costs, creating a rough estimate starts with understanding the scope of work and local pricing for materials and labor. 

Your PM will create new challenges for you that you will have to face. 

So, while I completely understand your perspective, I’m looking for a way to balance taking calculated risks with creating a stable path forward.