It was tough to find a decent one that wasn't in a terrible neighborhood as supply is low.

Eventually, supply will catch up to demand, and occupancy will normalize. 

Maybe under the “supplies” section?

One must consider the amount of demand +, the amount of supply entering the market +, the fact that rent control severely restricts inventory turnover of existing stock +,  drives away developers who do not want to be in California due to rent control.

He is fronting the costs of the labor and supplies, and pitching in on 5% of the down payment and closing costs, with what we have estimated the rehab to cost.

Don't forget about supplies. 

I am hoping to find the right forum(s) of peers and mentors, specifically in the following areas;- Buying a commercial building- Funding the start up costs of a medical office (imaging suite, laboratory, therapy equipment, office furniture and supplies, etc.)- Tax planning for start-up and profitable years.- Legal nuances of an assisted living facility and health care in general

Purchase Price $260,00010 acres (+/-) Not in city limits Midwest US 22 total Spaces11 Septic Tanks ( 1 per two spaces ) 1 Water Meter (city supply) Individually metered electric Income - $5,200 Monthly 8 POH @ $ 4,125 Total 1 POH @ $ 400 (includes electric) Maintenance man works out his rent monthly on an hourly basis so not included in above $5,200 5 Lot Rent @ $1,075 Total 7 Unoccupied Lots3 are move in ready4 need electric pole / meterExpenses $2,482 Monthly Water $400 per month average (park pays, does not pass on any costs but "watches the usage") Taxes - $187 per month Insurance - unknown ($200 per month in above calculation as estimate) Trash $225 per month average Electricity (night security lighting) $150 per month average Maintenance / mowing / cleanup, etc... $800 per month average Property Management - 10% per month ($520)12.5% CAP Rate assuming I bring in PM and don't touch anything else. 

In these deals, one partner supply the capital, up to a certain amount, the other contribute work and both agree to certain objectives.I was looking for quick flips to make a quick profits, and in NYC, it's rather hard to do.

Once you advertise your home as a rental you can legally start writing off: repairs, cleaning supplies, updates and photos.