In these you own your unit along with some shared ownership interest in either the land, the facilities or the structure etc.

I am talking about the type of facility that takes care of maintenance and have activities for the elderly (not necessarily nursing situations, etc).

With a cost segregation study, the depreciation was accelerated from $2,488 to over $1M in year one.Have you considered a cost segregation study for your medical office, multi-use property, storage-facility, office building, retail space, industrial site, car dealership, dentist office, winery, etc.?

@Joe Splitrock I think your suggestions are thoughtful, but I would be careful about assuming that she would be better off in a senior living facility or housing community.

Just with those basic daily tasks you are down to about 6 hours a day to  relax, poop, cook, shop, clean, spend time with friends and loved ones.   

DSTs are 1031-exchangeable funds that are open to accredited investors.For example, Cantor Fitzgerald will purchase a student housing facility at University of Alabama, and lever it 50%.

I am seeking to acquire a medium (50,000+ SF) value-add self storage facility in the following areas (in preferential order): 1) North Port 2) Port St.

Quote from @Dillon Cook: Are you working with an agent? 

I know some folks in Austin actively working on assisted living facilities.

@Paul V.If you don't mind me asking after Cook County and IL transfer taxes, title fees, realtor commissions (and HOA costs?)