I've heard about programs like Relaunch and Real Success, but I'm not sure if they're worth it.

I think we negotiated a pretty good deal!

Not sure how many inquiries you'd get in CA but in NY, landlords have had success with apartments.com, homestay.com, and furnished finder.Facebook groups for the neighborhood and/or facility could yield some results for renter leads.

Are there any that you implemented and had success with?

How did you find this deal and how did you negotiate it?

Pros:Stable Income: These facilities often sign longer leases, providing landlords with a more stable and predictable income compared to traditional residential rentals.Higher Rent Potential: Because these facilities generate income through the services they provide, landlords might negotiate a higher rent than standard residential properties, reflecting the commercial nature of the tenant's business.Lower Tenant Turnover: Residential assisted living facilities tend to have lower turnover rates, reducing the frequency of vacancies and the costs associated with finding new tenants.Social Contribution: By renting such facilities, landlords contribute to addressing the growing demand for assisted living and support services, positively impacting their community.Property Maintenance: Tenants in this sector often maintain the property well to comply with regulations and ensure a comfortable living environment for their clients, potentially reducing wear and tear.Cons:Regulatory and Compliance Issues: Facilities must adhere to strict regulatory and compliance standards, which can involve the landlord in complex legal and zoning issues.Higher Insurance Costs: The nature of the business might require additional insurance coverage, potentially increasing costs for landlords if they are responsible for carrying this insurance.Modifications and Upgrades: Meeting the specific needs of an assisted living facility may require significant property modifications and upgrades, which can be costly.Market Limitations: Should the lease end or the facility close, the specialized modifications made to the property might limit the market for future tenants, potentially requiring substantial investment to revert the property for standard residential use.Operational Oversight: Landlords might need to monitor the facility's operations more closely to ensure compliance with lease terms and local regulations, requiring more hands-on involvement than traditional rentals.

Here's how I think about loan terms as a private lender- It's all negotiable but at the end of the day it's your money- your terms. 

How did you find this deal and how did you negotiate it?

Understand you have no obligation to negotiate anything.

Some times a deal just can’t be made….better to spend time pursuing a purchase with a higher probability of success.