Depends on the level of risk you're willing to accept.

Usually just by these metrics, you can get a high level overview of where demand may be going.Also, you could speak to surrounding brokers and property management companies to get secondhand opinions.

But you can minimize that with some reliable people on the ground locally.All that said, my comfort level is long distance = short holding period.

Here in California property taxes are assessed and billed at the county level.

Generally it is better to keep it as 2 townhouses for the resale.Also, if you ask about owner financing and he does not want a longer term like ten years ask about a 30 year term and rate, but a balloon in 5 years,  This gives you 5 years to get it fixed and rented and raise your income level to qualify for a loan, while having  real low monthly payment to him.

Its nice to be a part of a group in different levels and experiences.

The other factor is what price range you are buying in and absorption levels.

Read your state regs, - involve your area authorities (fire marshall, building inspectors and anyone at the state level of whichever arm of state govt manages Assisted Living/Nursing homes early and often in the design/build process - they have to be kept in the loop and part of the process to keep happy and so that your facility can be auth'd and up and running)Best of luck

Bars in the bathroom at the tub and shower, level rolling entry to the shower, no step, build in chair in the shower and moving shower head or a lower and upper one, accessible kitchen. 

You may still be able to deduct these items at the state level though.