Offer them a fixed interest rate plus a performance bonus that is based on the profit (i.e. 25% of the net profit).One of the nice things about dealing with private individuals and not HML's is that you can get creative.

If there is in fact an LLC on title as a co-owner with an individual, you’ll need to determine whether the LLC was single-member or multi-member.

I love the idea of delegation/automation/systems in business (and use quite a few) but go back and forth on what is delegatable vs. what is a core task that needs to be taken on individually. 

I have a few individual stocks like Amazon and Arbor Realty Trust.

Do you rent individual rooms to the nurses?

That depends on the state / county rules for auction funding, and the process / timeline of the individual HML.

I’m looking at a few off market deals one of which being a broken condo complex.For example..the property has 3 or 4 condos individually owned within another 50+ units that I’m looking to acquire. 

A casino doesn't gamble, the individual player is gambling but the House isn't gambling. 

I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.One thing to note when looking at the individual markets, you can make or lose money in any market.

I have purchased my first Senior Community (40 doors, individual apartments) in California.