@Joseph Rath keep saving and once you are ready to pull the trigger then you can absolutely house hack a duplex with FHA financing and sellers assistance to help with closing costs and get into a duplex under 200k for $12,000 or less total investment

Sorry for the obvious ignorance, but I'm interested in note investing and have only done a little self-education.

In my own business, I have a business partner, a licensed assistant, and I'll likely hire another part time licensed assistant just to make sure there is always someone who can show a home when the need comes up.Also, you might want to get comfortable with making offers without seeing the home first if things are moving that fast. 

Please let me know if I may be of assistance. 

There are great services out there that assist in marketing your property, creating online applications and screening your tenants for you. 

One is for me one is for my self directed ROTH IRA.

Recourse loan with personal guarantee.Positive - they are letting me in at 15%, no prepayment penalty, i am a first timer with no self-history although have managed for others, i think i could sell it for 950k or so as is and get cashflow to 2500 per month in a year.  

Good luck and let me know if I can be of assistance.

I am looking at a potential property and the best use I can think of for the property is a Assisted living home.

@Jason L.it might be worth it to use a professional to assist you in uploading your excel to Quickbooks.