I didn't "gloss over it" but I also couldn't retain every single detail.My original opinion sticks.

Temporary vacancies are built into your expenses.Some may suggest to lower your rent, that in my opinion is a mistake, but if you do decide to lower it make it temporary for a couple of months only as a incentive or use M2M lease.

I understand that there will be various opinions on this but am just trying to get some other points of view that might give us some direction.

I agree with these guys, I've never had luck cash-out refinancing for numerous reasons.Also, in my opinion some of the most brain damage from deals is the financing, so I prefer to only go through it once :) 

If it creates a possibility of loosing the property, then in my opinion, you shouldn’t be investing period. 

Regardless of how much you read and research it ends up being trail and error....So in my opinion just jump into the deep end, I’d rather be swimming and struggling then watching on the sidelines wishing I was swimming. 

The two do not fit together in my opinion.

I've gotten quotes for a house the same size and build that came in ~$220k less than this.What are some of your opinions/ insights?

My opinion is shaped from my 7+ and ongoing work in healthcare staffingI have some partners in senior living and we focus on SNFs on both a management contract basis as well as acquisition strategy with our in house management. 

I wanted to share my experience today and get your opinions on a specific opportunity, but first let me share my general strategy (still a draft).