If you listen to and read everything free, there's limited value to anything paid, the value quotient is similar. 

I’ve recently been exploring the idea of hospice/ continuing care models.

There is not a time limit for how long it has to be owner occupied but the intent must be to live in it.

I like the idea of doing a video walk through.

For what it's worth, while a joint and several guaranty is most common, I've seen and have been a part of transactions where the parties negotiated limited guaranties for each guarantor (usually based on their % ownership) adding up to the 100%.

The physical beauty here is unmatched.I know the idea of living mortgage-free is exciting, but it's just not doable in an area like Colorado Springs (or Denver just to the north).

Or you can get lucky and find the needle in the haystack off market deal, but generally speaking, sellers aren't stupid, have access to the internet, and have an idea of the fair market value of their home.

It's a good idea to do some research and create a budget to make sure you're prepared for all the costs involved.

I like the idea, just having trouble envisioning all of the variables you would need to know to be able to make money speculating on land for future renewable energy projects.

Be prepared for higher turnovers, dealing with parents and kids who have no idea how to live on their own (eg using dish soap in a dishwasher).