concrete backer board is one way to go or you could use DITRA the orange membrane that goes underneath tile and is a great product.

Depending on what you want to do they can be very,very involved.Most developers are buying value add buildings already constructed and operating for less than what it cost to build new.They are still building in areas where demand is really high and not much product is available.With that you have to see who is building what and where and how many other applications for new buildings for the area are in the process.You have to time the market with your land purchase,build out,and lease up so that you are not finishing your product in a saturated market.You can have 55 and over regular communities, acute care only,or a mix etc.Income is good but management and regulation is more intensive.Depending on size you would want to bring on a senior housing developer with a track record of experience.

This question lumps the quality and applicability of all degrees together.

Landlord has very quality products and information.

It relates to amount of inventory in the area, the quality of the specific units, and the general economic climate for that type of property and in that locale.

Repairs and maintenance done piecemeal (and often at "afterhours" overtime rates), and especially low quality repairs that you end up Re-doing in a year, will break you.Or, you take into consideration that when it was new, the property had a design life of 40-50 years, and now, most of that life is used up.

How could the land be put to productive use?

In fact your taxes have covered 210 000 € of the value of the apartment.Usually, these apartment are renovated under the highest quality materials and man work because they are historical and you can rent these apartments for a greater value than normal ones (20-25% more).

I leaning towards "no" for a number of reasons---1) The three programs that I'm aware of require a min. of 52) Blanket loans are traditionally a commercial product and most won't consider any property types other then commercial.That being said, there might be something a local brick and mortar bank might offer that might do the trick...I'm in the early discussions with a 4th investor for a residential blanket loan that has a pretty min. loan amount (50K)---they could be the ticket, but I'm unsure at this point.

Hey all,Im glad to be a new member of this great community, ive been reading the forums for a few weeks and its amazing to see the tremendous amount of quality information available here!