With everything exposed, were talking code requirements on everything.

Check the codes in your location for the minimum requirements for a home to be used for assisted living.

You could buy a house with siding made of corn cobs if you'd like and they'd finance that (assuming the corn cob siding passed code).The issue is that true log cabins tend to significantly limit buyer pools because they are a bit of a niche product so lenders don't want to finance them at all due to the added risk for resale. 

Be sure to check your zoning code to determine what kinds of businesses are allowable. 

I use it for all of my out of state investorshttps://www.areavibes.com/It gives you a total LIVABILITY score for each street and zip code.

#1 This website is a great reference point for figuring out what each area is like. https://www.areavibes.com/It gives you a total LIVABILITY score for each street and zip code. 

You'll likely see variation (even within a zip code) based on condition even though all might be 3 bedroom 1 bath homes (as an example).

The 46218 zip code, specifically Martindale-Brightwood and then Near Southeast were a couple places that caught my eye as more affordable with good cash flow opportunity while still being B- neighborhoods.

Inside is taken down to the studs; some code violations as it sits.

Inside is taken down to the studs; some code violations as it sits.