We wary of buying for that purpose, because teh laws could change on you. http://www.sandiegouniontribune.com/business/tourism/sd-fi-airbnb-council-20180715-story.html

I have a client that is interested in purchasing a large estate to use as an assisted living facility, but they aren't currently able to swing the down payment.

We have slowly acquired a small self storage facility, an 8 unit apartment, completed a large rehab project, and turned our previous personal house into a rental after moving into the rehab project. 

@Michael Palma  Mobile home parks are second ONLY to storage facilities with ease of financing.   

The goals that I hope to achieve through real estate investing are: 1) to provide a cash flow stream for my mother as she gets older and requires assisted living or nursing home facilities, 2) provide a cash flow stream for my younger brother (who has Down's Syndrome) as he gets older and requires assisted living facilities and increased medical attention, and 3) provide a means of early retirement for me and my older brother.While listening to BP podcast #276 (my favorite) the other morning, I had that lightbulb moment of how to get started in real estate investing. 

You are considered to be "Disqualified Person" to your IRA, and as such, you are not allowed to provide any services, goods or facilities to your IRA or benefit from your IRA directly or indirectly.

I also like a lot of water sports like surfing, paddle boarding, diving, fishing, foraging, and motorcycle stuff.I can justify the expense because I call it a "business facility" and I always love going in there to organize and play with my toys or work on my ventures.

If you are an Accredited Investor, you could place that 100K with an experienced sponsor in a real estate syndication in any number of asset classes (Large Multifamily, Self Storage, Mobile Home Parks, Assisted Living Facilities).

I'm just getting started but seriously, every minute of this process I have to forgive myself for not starting sooner, what an IDIOT I was.I'm 44, and have been a Regional Commercial Facilities and Property Manager for almost 10 years.

Diversify portfolio with investment in Self-Storage facilities.