If you find an elder care facility that accepts Medicaid and if your MIL intends to go there, investigate it thoroughly on-site.Reading the stuff about Assisted living and the fact that most of it is BS is frustrating on here -- enough so that if I continue to visit this site I will likely start a blog to tell the truth.Medicaid is not evil - if someone runs out of funds or goes on Medicaid it is not a bad thing.   

I'm talking about staying on the title with them, and keeping a partial equity position in order to keep the home more affordable to them via a lower purchase price or smaller down payment.

I was looking for a HELOC and getting frustrated when a loan officer at a very local bank told me a fellow loan officer there had rentals and had a HELOC from Zions.

Fast forward to today, I've built up my cash reserves and moved to a more affordable part of Southern California (at least I think) where I'm honing on catching that first one. 

Hello BP,I'm typing my direct mail letter template out (no it'll be handwritten for mailing) and I want to accentuate the most common frustrations with renting. 

I'm open to wherever I can find affordable property that suits my personal needs.

Some even had to send their wives BACK TO WORK so they could one day afford to retire. 

Finding something good and affordable in the NW or NE is going to be tough, it might be worth it to just plan on either a primary residence or a rental, or perhaps a primary that you plan on turning into a rental in a couple years.

Construction costs are spiking, making it impossible to replace product that rents for $800 - $1200, which happens to be the range most can afford.

They are cash cows and provide much needed affordable housing options.