I want to but I'm not going to handicap myself like that. 

That, in turn, may handicap you on some deals.

I know they have a historic preservation commission and their are things to consider on commercial like handicap parking, access to restroom etc.. 

The building department could require handicap accessibility, sprinkler systems, fire exits, adequate restrooms to support 100+ people, etc.

src=/program_offices/fair_housing_equal_opp/FHLawsBriefly:Title VIII of the Civil Rights Act of 1968 (Fair Housing Act), as amended, prohibits discrimination in the sale, rental, and financing of dwellings, and in other housing-related transactions, based on race, color, national origin, religion, sex, familial status (including children under the age of 18 living with parents or legal custodians, pregnant women, and people securing custody of children under the age of 18), and handicap (disability).

He told me that I shouldn't get it and that it'll actually be more of a handicap then an edge.

My west-side knowledge is fairly handicapped.

As long as you're not discriminating against someone based on race, color, religion, sex, national origin, familial status or handicap, you won't run afoul of the federal Fair Housing laws.

That would handicap me for improvements and other properties.  

I’m very interested in renting to assisted living companies for elderly as well as handicapped and maybe even oWning an ALF in the future.Any and all information on how to get started, break into that world or advice, tips, hints, gripes, complaints are appreciated!