It was explained that they're not running a for-profit since no rent or fees are charged to the patients, the company has a large donation pool that covers operating costs and staff.

My partners and I have no problem providing your funds for transactional lending like this case. 

I have absolutely no experience. 

I always say, no good deed goes unpunished; meaning “letting” tenants just move a few things in, now makes you liable for their belongings if something were to happen i.e. flood, robbery, fire etc… AND those things can and do happen, then their renters insurance probably doesn’t start until the 1st of September and you said their lease doesn’t start until the 1st of September.Do the right thing, refund back the previous tenant IF the new tenants move in early, and also change the lease date and the new tenants need to pay from that date.

So, for properties that offer stays no less then 28 days, you would get a landlord or LTR insurance policy.

The money raiser has no idea what is going on. 

They had no lease in place, but have been paying on time. 

What are the biggest challenges you face when researching potential investments? 

It's best to get a local attorney's advice on this; no strangers.

My realtor and her manager said “No, I am not aware of this being an acceptable means to unilaterally change the terms of the lease.