There are 12 studio apartments behind the old nursing home on South Main street.

@Kevin Zheng   Dollars and cents aside - what is best for your mom - there's pro's / con's to all 3You're asking a somewhat vague question as there are lots of things to consider - such as how much money she has (will she outlive it and eventually go on govt assistance -- the answer to this really could help you in your search for an AL facility or SNF (skilled nursing facility) --- What are her present needs - how is her health - what does she need help with presently?

Traveling nurse or med students maybe?

Last year my grandmother sold her condo because she was no longer able to live alone; she is currently living at her sister's house until we can find a more permanent solution (was originally hoping for a nursing home, but she is opposed to that idea). 

Once done you could furnish and rent as short term (nurses, etc) or just lease normally 

Mom is in the nursing home, and is not coming back, the home is old and outdated, but everything works, but all the stuff is there.2.

Live in one of the bedrooms and rent out the other bedrooms--elderly, college grad students, military folks, visiting nurses or doctors all do well as roommates.I had a friend who did this and got $500 to $750 a month for each of the bedrooms he rented out, plus they split utilities. 

@Diana Muresan I am a travel nurse.

I am currently a full time nurse but want to get involved in investing so that I can have a more secure future for myself and my future family.

Also I am a Registered nurse so a location where there are great hospitals near by would also be a +Any advice as to where we can go?