The attorney opinion letter framework must be limited to refinances.

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 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 to 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 to 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.I know tons of investors who are renting out their properties using this strategy here in Fort Worth. 

Maybe it's priced aggressively enough that they think someone will buy it based on the limited info available on it, or maybe it's a FSBO deal and the seller is unreasonable, or maybe the listing agent is doing the best they can dealing with a difficult or hard to reach seller, or the seller has sloppy accounting, or they died, or the listing agent is incompetent/inexperienced, who knows?

We set our hard money biz up in 2020 and went through a lot of research.

We both have a wework membership (coworking space) that allows us to meet in an office setting at any time. 

We furnished a 1,050 SF house (dining room table and 4 chairs, sofa, loveseat, armchair, 2 end tables, 2 bedroom sets minus mattresses, and a desk) for $5,800, which was $1,600 less than where we started.

We've set a rather aggressive goal for 10 houses in 2017, now that we have a bit of a system in place to find, locate, research, buy, renovate and then rent.

:-)The trade exam contained a set of plans and an architectural scale, the law exam was just memorizing stuff.

Building positive relationships with tenants can increase their retention and reduce turnover, promoting consistent rental income.Consider FHA loans with lower down payment requirements if you're starting with limited capital.

Lehigh acres has no commercial areas and no infrastructure or very limited. it doesn't have public utilities it's private well and septic.