It might be worth talking to him or someone like him for advice on this specific situation.In the podcast, he talked in general about loans and qualifications...According to him...The requirements of a sponsor – a net worth equal to or greater than the proposed loan amount, liquidity equal to or greater than 12 months of TNI on the proposed loan and a solid credit score*Minimum credit scores for Fannie (680) and Freddie (650)*Those with zero years of ownership and management experience must bring in a partner or have a third party manager *You and your partner combined must have a net worth greater than the loan amount – even if you’re not going in 50-50 on the property*The “90 for 90 rule” – you need 90 percent physical occupancy for 90 days prior to closingHe also talked about how he likes to play Freddie Mac against Fannie Mae to get a better rate for his clients.Hope this is helpful.All the best!

One of the laws listed in the letter said a landlord had to "furnish the names of the occupants of such premises or give free ingress thereto..."

Traditional owner occupant home buyers?

Ask for market occupancy and rents.

And, if you get a owner occupant homeowners policy, and you have a claim, and the company figures out it was really a rental policy, they will just refuse to pay.

Not curent rents, occupancy, and condition. 

Alex, does your town have an ordinance regarding occupancy?

Owner occupants get to make offers before the investors do.  

If we had too much inventory or other factors that showed that things will soften in the soon future I'd say wait, but nothing indicates that will happen and rental occupancy is at 99% currently with only luxury being built so it is and appears to remain a landlord's market in my opinion. 

Lease to the organization and let them take care of the occupancy issues.Might search for "making money in non-profits" as I believe we touched on these aspects and working with community organizations.Trying to break into assisted health care living today is no arena for anyone without a health care background, deep pockets and compliance experience. :)