All RE is local, look to what is acceptable conduct in the area you are dealing in and then conduct yourself accordingly, don't listen to guru crap or Joe Shmuck in the forums, they won't be going to jail or getting fined, you will. :)    

As amended over the years, the UCC comprises a uniform, clear and easily available set of rules for the conduct of commercial intra- and interstate transactions.

Assisted living is a complex, highly-regulated business conducted by professionals.

If you give yourself a professional image and conduct business in a professional manner, the road will be smoother.Let me toss out an example of the importance of marketing yourself.

There are three different City of Minneapolis ordinances:  1)  Conduct on Premises (passed), 2) Advanced Sale Ordinance (passed), and 3)  the Renter's Protection Ordinance (in the works). 

As @Chris K. pointed out, the attorney would have to be licensed in PA to conduct foreclosure in PA.

But you really can not even ask until you have conducted business with them.

If your local housing office is on top of things, they will conduct yearly inspections of your property to make sure the tenant is doing their part and you are doing yours.Feel free to reach out with any other questions and best of luck to you!

It’s now time to conduct a more in depth analysis of the remaining properties.NOI=Income-Operating ExpensesIncome-Gross monthly rent-Other sources of income (laundry, storage, etc)Operating Expenses-Insurance-Garbage-HOA fees-Taxes-The above four bullets can be estimated by simply making a few phone calls or doing some online research.

With any investment, I plan to conduct due diligence of the Sponsor and ask as many questions as I can (and plenty of people here have laid out helpful questions to "grill" a Sponsor with).