I am currently in the process of identifying land for a purpose-built residential assisted living and memory care facility in Houston, TX.

I plan to refinance in two to three year once rates come down a bit.That said, I need to be very confident in my numbers on the hotel, since I'm putting risk on my other properties and essentially wiping out their cash flow.Happy to connect.

If the above is true, the income will offset the debt in the DTI calculation, so who cares? 

I care about the rates as it directly affects the bottom line.

I got an unsual response to a listing of mine today:Good morning, We are home health care agency, and we want to rent the house to care for disabled or elderly clients that are unable to care for themselves 4 -6 unrelated people.

I think this business plan exists in all types of real estate and non-real estate businesses.

I would also weigh if you plan on staying in the home you are in now for a long time or move in the next 5 years.

Would love to hear your plans. 

Unless you revise your plan and ensure that your personal use is under 10% of the rental use.

Just be sure to research your target markets carefully to maximize returns.