A senior care facility would likely involve more rules, regulations, and red tape.

You can put together your own Opportunity Zone Fund with your lawyers and then you must follow lots of laws and regulations and paperwork. 

A lender will be able to speak to specifics, but it might help with achieving any needed upgrades.

But whatever you decide (professional maid service, hire someone specifically and train them, your spouse, your nephew, assistant) make sure whoever is cleaning knows EXACTLY WHAT YOU WANT THE PLACE TO LOOK LIKE WHEN THEY ARE DONE.

Hey there, do you have any recommendations for an agent in the Seattle area to talk through the potential properties to operate a family entertainment style of business?  Thanks! James

However, ensure you conduct thorough research on the Indiana market, including economic drivers, rental demand, and property management options.Consult with Professionals: Given the complexities of 1031 exchanges, out-of-state investing, and retirement planning, it might be beneficial to consult with a financial advisor, tax professional, and real estate expert who can provide personalized advice based on your specific situation.Retirement Income Planning: Consider how this investment aligns with your overall retirement income plan.

Essentially what I was trying to say is if after rehab, is it still more dependent on that specific set of townhomes that the value can cap out at?

Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy).

I am a corporate chef for a convenience store brand, and besides buying my home, I have never been in the market or industry. 

This is a very technical area and the tax issues will depend on your specific situation.