Asheville has been working on many projects here lately, and I will list some of them now; A Biltmore development plan, 360 HIlliard Development - affordable and mixed income community, city hall elevators, Dearview community center, looking to rebuild/replace the electric substation in downtown, Haywood st, Jake Rusher Park, Linwood Community Center, Magnolia Park, Mtn Side Park/Memorial Stadium/Oakhurst Park refurbishments and repairs, onsite solar power for facilities across the county, outdoor dining on public street initiatives, playground renovations, Richmond Hill Park, Splashville is getting some needed refurbishments, Tempie Avery Community Center, Vermont Ave Sidewalks. 

@Pearl Cook - As an agent and investor in the area, I recommend Tony DeRosa at All American Realty. 

Carlton Yuen do you have interest in running the business of of a ASsistied living facility or are you just looking to passively invest?

if you see allan's post above he says he is a hard money lender and has a company that does that.but then in his e mails and websites he says he is a private money lender.so in this context the two are  synonymous  with each other.. and you have a few different type of Hard money lenders.You have those that broker private individuals funds  so in essence a private individual will be the beneficiary of your loan.. and the HML  IE broker is make points for his services and may charge a servicing fee to you or the lender.You have HML who have raised fund through some sort of PPM or reg d offering and lend in the name of the PPMand you have companies that may have a credit facility with an institutional lender.. where by they lend some of their personal funds and the balance is taken from their credit facility .some banks will require an assignment of the loan once completed or simply an Alonge with the docs held in their vault.. this is how I ran my HML shop I had both of these with different banks...

@Dillon Cook Check out SandCoin, I think it'll change your perspective.

The Cook County Assessor lists it as a 4-unit as well.

The facility is for sale and the seller has given me the right of first refusal to purchase the property, although we have not been certain if we want to purchase the building.

Sure there are larger and smaller ones, nicer and not so nice facilities, but the fundamentals are generally the same. 

On top of valets, bellmen, waitresses, cooks, managers, etc etc etc. 

Cook County has some of the most liberal laws protecting tenant in the US.As a result, Chicago, evictions are tricky.