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The complex was built in 1985 and from the exterior it appears to have almost no work done to repair or remodel it since being built.   

And it will keep you from having to manage the operations yourself, which are much more daunting than they seem to appear at first blush.All of the above take with a grain of salt as I'm just buying my first ALF now.Good luck!

I've been searching around BP and the web and haven't found one yet.

I always felt like this is a strange looking house, and with these options, I'm sure we can radically change the appearance for the better.That being said, the 10K number was purely hypothetical, and cheaper is obviously better.  

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Also, depending on the law in Utah, it could provide you with some privacy as your name does not appear on the tax rolls via public records.Just some thoughts.

However, your point is well taken, and I'll re-look at the numbers with 5 and 6 months.I wasn't familiar with the JV agreement; however, it appears it would give me some percentage of ownership in the venture. 

Our lease holds all accountable jointly and severally, so until its a breach situation, CC everybody with clarification of what will happen if the rent is not paid, then leave it at that.I also schedule an inspection of the property.Holes "magically" appear in the wall when angry people live together, and cleaning/trash removal can become a game of who can ignore more.

It makes your job simple, you don't need to negotiate, all you do is file, have the correct documents, appear, and the judge makes the decision.