People have given their CPA's their stuff in a shoe box. 

I think the risk with those is that your one tenant may go belly up (think about all the big box stores that no longer exist) and leave you holding a purpose built building that has little value.

Also you might need an additional electrical meter/box for the 'common' areas.

If you type in tenant screening in the search box above right several hundred pop upOr here is linkhttp://www.biggerpockets.com/search?

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Those distances to reliable medical, fire station and city are exactly the right formula.I love those kind of deals and senior care facilities are a solid money maker to the right investor or corp that looks for those dwellings to purchase.Good for you on thinking outside the box and making a big effort on putting those type deals together.

I'm located less than 10 miles from South Euclid.Michael DaggettDRM Property Solutions, LLCPO Box 1562Mentor, OH 44061

Anyone looking for Marko Rubel's business in a box?

Pretty easy to get in that box with me; pay the rent on time and leave the the heck alone.

There's a [ ] check box on the Comm Agreement; property is [ ] is not a condo and is [ ] is not subject to an HOA.We use the Comm Agreement whenever we intend to RENT it and not intend to be Owner Occupied.