2) Absentee ownership is rarely a success.  

Purchasing the 11 units will give me enough ownership to become the president of the association and reduce common charges.

The homeowner died and the children (older adults) have ownership but haven't done anything with it.

Not to mention the other tenants that paid rent in the first 4 years of ownership before they moved in.I like giving money away if it nets this kind of return.Now if they were bad residents with really poor paying habits they most likely would not get a renewal and most certainly not get the anniversary gift.

I'm working with two AFCs in which the owners of the properties want to retain ownership of the building and have another operator take over the operations and work out a lease arrangement.The first one is a 16 bed facility.

Learn about wraparound financing, seller financing, subject-to financing, family ownership transfers, etc.Good luck.

And now due to crushing demand for rentals and ownership in parks new owners can get serious increases for new lots.  

Otherwise, you'll be at risk that the neighborhood will turn down as renters have no pride of ownership and won't maintain the homes like owners will.

Undergrads have a wayyyy different mindset than graduate students as far as wear and tear and "pride of ownership" in their digs.

He referenced specific conversations and questions he fielded from that owner prior to and during his ownership of the property.