However, congregate living involves many enhancements to the dwelling other than just a typical residential house.

Typically, when I offer to have my handyman come by to do it, they get excited about that.

I currently own one side-by-side duplex in Euclid (purchased end of 2022), and am looking to eventually buy more rental properties, and possibly get into medium term rentals.

@Christopher Phillips   maybe i'm reading this wrong, or it works differently in NY, but a 6% seller concession normally means the seller is giving the buyer 6% of the purchase price to use however they want in the transaction - be that for closing costs or principal reduction or down payment, whatevs.A seller typically doesn't have a say of what can and can't be included in the borrowed amount, that's up to the lender and the loan program. 

Places like Maplewood, Richmond Heights, Affton, etc. would be where I would start (if looking at long term rentals).

Others differences that jump out: loan parameters are stiffer (usually 20 terms on a mortgage instead of 30 year), commercial insurance will be more expensive, appraisals will cost a good bit more.

(I know you're not a lawyer and will eventually seek professional advice.)I just talked to my RE broker and he said with LLCs you typically do commercial loans.

Hi there,I plan to purchase a short-term rental in Hawaii.

There is likely a phone number and persons name that will come up, that you can reference, since he is having bills that arrive to the mailbox and packages to the door with his name on them.You could make it a pre-condition to the seller that he allow a background check on the tenant before closing and your offer is contingent on your approval.Neighbors typically know what's going on in the neighborhood and will know who the guy is and if he is a trouble maker.He probably has a car and a private detective can run the plates.And so on.The information is readily available is the knowledge is worth knowing.

Long term friendships with local realtors How did you finance this deal?