We've decided to scale back on acquisitions and have started scouting out talent to add to our team to be better prepared for what's to come.While interviewing a potential new company Integrator yesterday, he asked if we had an office space.

I am considering working in sales or potentially another position that allows me to get some exposure to real estate.

The better your credit score and making sure the property is in an area that the lender thinks is in demand or at the very least is not declining or rural will help in potentially getting approved. 

Secondly, leverage social media platforms like LinkedIn to showcase your expertise and connect with potential investors.

Not sure who you are wanting to be brokered with but I can only say positive things about KW.Remember to keep your pipeline full of potential clients and always keep your fiduciary duty. 

The potential value it had and the current condition which only needed cosmetic work upgrades.

Just be sure to have a plan in place to avoid any potential financial risks.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

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 a 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 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 for 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.

Maybe weigh the potential appreciation against the negative cash flow and see which one feels like the lesser evil.