For many reasons, this seems to work well for that niche!

I would prefer some a group of nice tenants getting some sort of government support.

Some lenders offer this option, while others might prefer to handle each property individually.It will come down to the lender’s criteria, such as combined value, rental income (if applicable), and your financial profile. 

do you guys prefer to only invest in newer homes  i.e. built after a certain year to reduce the possibility of having to do a lot of reno on wiring, plumbing, etc. or does it just depend on seeing the house and determining the condition that its in?

The best market for YOU, is the market that fit's YOU; you're situation, your preferences, you're resources, your knowledge level, you're risk aversion and about 40 other personalized factors to you. 

I would take a couple days and go down there (preferably with a friend...rent a U-Haul truck and go get furniture from thrift stores, antiques stores, and even buy some new stuff.

@Simandu YakubovFor my flipping business, I prefer to use fewer software programs to streamline things.

By the way, from what I read in the Wall Street Journal, there’s a growing number of niche investors cropping up who love grabbing assignments that fly under the mainstream radar, especially if you’re bringing something fresh to the table like a distressed duplex they can reposition, or a small portfolio of row homes they can turn into long-term rentals.

I have found a profitable niche between 8-50 units where larger investors do not focus and there is great upside that is addressable with the property management business capabilities.

and offer up question and answer support for anyone interested in investing in residential assisted living, actively, passively, or somewhere in between.Over my real estate journey I’ve tried a lot of different asset classes and finally landed on residential assisted living as my favorite real estate niche and perhaps the most incredible growth opportunity for the next few decades due to demographics and how that will drive demand to keep outpacing supply.