Then do it over again on another deal, depending on how much VA loan limit you have left.

Assisted living is a fantastic business model but it's not just not for meMy objective is real limited, I just want to have a policy that can legally say no kids, and also allow me to stick with mature adults as tenants. 

Maybe- if the residency happened first then yes up to the limits of $250k profit for a single taxpayer and $500k I’d married.  

The ability to invest using a VA loan is limited as the borrower must occupy the property as their primary residence.

In my experience (still limited but not a total newb) this manifests itself in two main ways:1.

This is taking over an illegal flophouse well over any sort of single-family capacity limits and trying to keep it running while you work to get more money out of it.

I placed a couple buy limits today.  

I took a seminar and I was told that putting your properties under IRA SD, SOLO,  Goldern, HSA, and Coverdell and that this provides great protection for your assets and limits the taxes that you pay.

.- Limited Supply: Only 10 new MHC sites have been approved in the U.S. over the last two decades - see chart below.- Downcycle Outperformance: MHC is the least sensitive property type to negative changes in GDP - the average stay in in MHC is 13 years, unheard of in residential real estate - resulting in stable predicatble cash flow with an ability to consistently, yet responsible increase rents.Lastly, a quick glance at some MHC investors and proponents:Warren Buffett is a significant investor in the MHC space, favoring the sector for its stable, predictable cash flow.

@Peter Gill the property did pay for itself. it was 1.5 acres in the city limits so I charged companies with commercial vehicles $500 a month to store their vehicles on my lot.