This is akin to stating the obvious, as DSCR assessments are fundamental in determining the viability of such loans, similar to DTI (Debt-to-Income) ratios for residential mortgages.Your emphasis on the operational efficiency of well-run assisted living facilities highlights that their financial performance typically isn't constrained by DSCR limitations.

At the same time you can go to the local building departments and find the plans for the projects and get the GC info from that as well as the architect.

I'm Kimberly Mathis from Rowlett, TX passionate about real estate but brand new to investing.

I am surprised as well.

Other areas were your relying on Wells that are very expensive and or you pay 15k for a dry hole.. etc etc. there is basic due diligence that needs to be done and relying on someone else to do that for you is frankly foolish.

If it is well located make it a short term rental.

Needless to say, I am getting well over the 1% rule.

You will need to maintain the property with repairs and eventually capital expenditures as well, plus rentals don't stay occupied 100% of the time and renters don't pay 100% of the time.

I realize now, had we done that, it would have appreciated well, especially on the stock side.On that theme, if you have very long term designated reserves, I think you are the captain of the ship.

So maybe cover that In your agreement as well.