My plan is to research the market this fall and pull the trigger on a deal early 2017. 

It's just a matter of picking a route and pulling the trigger! 

Whenever buyers' experience doesn't match their expectation (if if there's nothing *wrong*) things can be difficult.I could go on or go into details, but if the same deal came up again, I would definitely pull the trigger.  

Make sure you're a serious buyer and you can pull the trigger when a deal comes your way.

@ Dylan - Dude, what are you waiting for - leverage your father expertise and pull a trigger?

I really need to start to understand my options for financing when I'm ready to pull the trigger on a multifamily property and obviously how to find the units.

He said that it could trigger the due on sale clause, but he has never seen it happen.

The particular one I am going to pull the trigger on got 4 feet of water and I'm told it is already gutted.

Not only is it steady income, since the money is not coming from the tenants but from the ALF, but you are also providing a great service to folks who can really use it.I have looked around online for ALF in my area to see what's out there.I think a good way to go about it when you are ready to pull the trigger is to start contacting them like you said and find out how you can help them first before making changes or renovations to properties.

I'm a learn-everything kind of guy, but despite that I had to do some trigger pulling to make damn sure that I wasn't a side-liner.