Asset-type riskHotels, apartment buildings, senior living facilities and retail centers all have different risk characteristics.

Asset-type riskHotels, apartment buildings, senior living facilities and retail centers all have different risk characteristics.

The podcast was a great impetus.For the past five years I've worked for "the world's largest commercial real estate services firm" in the lower-rungs of Facilities Management.

@Tamikia Mathews I posted a threat not too long ago about the Assisted Living Facilities niche.

I did notice some medical collections that came up.

The landlord is in his late 80's - 90's and is looking to get out of the business since he has some medical issues.

Keeping the property facilities immaculate, marketing, hiring talent, and maintaining all the "extras" that will attract your guests like the pool, the bar, and the security staff mean that you're investing more in a business than a property. 

She has zero interest in Real Estate.. compare that to some mid west factory... your not going to find fully functioning restaurant in the facility feeding people for FREE .. free day care FRee massages etc etc.

Again, $25,000.As a contractor, you virtually have to hire this stuff out because trying to do all the paperwork required such as OSHA logs, proper masks, good faith survey, air quality monitoring, daily logs, safety manuals, medical clearance before and after, etc. is not possible for a licensed contractor to have all the paperwork done properly.

My costs would've been a bit higher had I not used connections who allowed me to use their printing facilities.