Was great chatting with you earlier today over zoom and I believe I helped you understand this property and the location and how to analyze this property from many different angles but unfortunately we discovered after looking at your deal that its a NO-GO and you will probably need to back out, if possible.

Simply buy a property every year or two if you can.

While I understand this may not be the best time for high demand, the lack of inquiries has been unusually low—something I’ve never experienced before.When I searched for similar rentals in the area, I discovered that my listing does not show up properly.

And always have the ability to fire a builder and pay out for work (which is why you don't want them to front load the contract) in case they simply aren't producing.New construction seems risky. 

If you were simply leasing the home TO an assisted living business, it would be a different story. 

It may sound funny to pay a 1031 exchange service to simply receive money for you and spend it for you, but it is essential. 

We discovered margins are high here and not all that sensitive to construction or sales price adjustments.The design process is getting along well, but there is still much to be done.

I recently sold a house and they had a home inspection and they came back with a list and I simply told the buyers , No to any price reduction or the "repairs" .

Or is this simply the appetite for commercial loans currently?  

If you’re exploring similar options, discover this resort for some inspiration.