I figured I would check with you all though as well to get any advice you have to offer because I know there is a lot of expertise here.Thanks in advance for all your assistance.

You look at some of the biggest companies like Apple for instance and they borrow as much money as possible even though they have billions in the bank.

I may be able to assist, DM. 

Hi Paul, I need an attorney to assist me with the closing of the place (contrat reviewal, closing) and to help me draft lease agreements

These folks are often ready to downsize or transition to assistance.

Does anyone have any reccomendations for a software that would assist with this project they have used?

After being burned by tenants that get behind and never end up paying and lead to eviction I now state in my lease that we start the eviction process the day after the rent is due, but I make sure that is clear form the beginning and if they fail to pay then we charge a late fee and start the process of eviction based on my states requirements.The reality of the matter is that if they don't take the rent out of their paycheck then they most likely wont pay the rent, if they do then they are borrowing money which will put even more financial burden on them and make it less likely to pay on time the next month, or they are waiting until their next check to cover the rent and then will have a hard time catching up in order to pay on time snowballing into perpetual late payments.If you really think about it allowing a tenant to get behind on the rent ends up hurting the tenant, you are not helping in any way.

It could have been that he meant to say "our units are not approved by Section 8", which would probably have been ok.People who receive any kind of public assistance (Sec. 8, TANF, SSI, AFDC, etc), are a protected class in Mass. 

This question is for those who operate or have an understanding of residential assisted living facility, residential care homes, RALF, RCH, etc., as a business specifically, not the underlying real estate. 1. 

I was kind of thinking to use this 5k to invest in our first house hack SFH  that needs some work (get a max up to say 75k max which would give us about 5% down or 10% if we could get a 50k house) and borrow the rest through either FHA or an 80-10-10 loan depending on the price of the house.