And in markets like Raleigh where the hedge funds are no longer providing a 'floor' by injecting hundreds of millions of US $, we may see the market move in a more orderly manner based on current affordability and supply/demand functions, meaning don't bet on no seasonal influences.

I'd need to acquire/build the following (local zoning and permitting allowing):-A 10-15 acre parcel-Main gated entrance with office building nurse's station and leasing offices-Possibly a second gated entrance at the opposite end for emergency services-A common area with garden surrounded by a circle of buildings including a dining hall, cafe, "office building" (fake offices with toy phones, etc), small movie theater and a rec center-A large, two story apartment building with medical facility (for those with late stage conditions)-Two small "suburbs" of tiny homes for higher functioning residents (stand alone studio apartments with no kitchen for safety reasons).  

Dan will be using the quote function to answer each question, this will automatically notify you in the forums so you can see the response or ask a followup question.

Bunch of niches to be served here as well--sober, high functioning adult disabledChallenges.

I don't think it is on the agents or the title company to catch this or inform you of this....I almost don't know how they could even know, because this is really a function of the HOA and those documents you get. 

@Erik NordgaardPretty much every appraiser is going to base the value of the property by things such as square footage, bedroom, bathroom count, floorplan functionality, views, condition, and home amenities (pools, finished basement/attic), garage, and location.Here is a link to the Uniform Residential Appraisal Report.

Thanks for the heads up on the search function.

Window units are incredibly ugly and do restrict window function so maybe it is worth the extra $5K to $7K to go ahead and do it. 

Use the search function of that forum, and you will find some very informative threads on it.

Since value is a function of NOI, you should have a business plan for the property that improves NOI.