Very often investors think they can do well by strictly focusing on the numbers.

Some areas of the country seem to be very strict about that.  

However, it is important to note that the IRS has strict rules and regulations in place to prevent abuse of the depreciation tax benefits.

**I understand the need for a fee for all the hard work they're doing - but prefer to have strict numbers and processes

I'm intrested strictly for the tacos. 

Between the main semi-monthly meetings and the various sub-groups there are probably 5-10 or so potential meetings each month that are strictly content and networking with local investors.  

Yeah, everything I hear is that banks won't give you anything for STR performance, in fact they'll be more strict knowing it's an STR. 

Better check if NY has more strict laws. 

Many sellers also prefer conventional offers as opposed to FHA due to the less strict guidelines when it comes to FHA offers.

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.