The deal also includes 13 acres of developable land, including some commercial frontage.

Well, the prospect emailed her last two months of bank statements, and it immediately answered one question - why would she want to drop a house that she owned, and go back to renting??

Anyway, I think I'll keep drawing credit reports, at least this time around... it gives me something familiar to refer to, and it's a piece of data that has not come directly from the prospect!!

Depending on what you want to do they can be very,very involved.Most developers are buying value add buildings already constructed and operating for less than what it cost to build new.They are still building in areas where demand is really high and not much product is available.With that you have to see who is building what and where and how many other applications for new buildings for the area are in the process.You have to time the market with your land purchase,build out,and lease up so that you are not finishing your product in a saturated market.You can have 55 and over regular communities, acute care only,or a mix etc.Income is good but management and regulation is more intensive.Depending on size you would want to bring on a senior housing developer with a track record of experience.

He will be focusing mostly on our Landlording, Development/Land/Construction, & Commercial areas, but of course, as always, you'll see him all over the site.Please follow him here on the site and welcome Jon to the team!

I could use some help developing my ideas.First my situation:I am a 38-yo single man living in BK/NYC.

I'm pretty sure all local banks will be closed by the time I can ask a prospect for a deposit.

But they are typical of the cheap stucco houses built in developments in that 15 years here.

Developing large commercial projects is difficult.I agree that anyone can probably do the first group.

What companies do you all use to check prospective tenant credit and why?