I have found a off market commercial property that I have an opportunity to purchase. the property includes a lease of the first floor which is medical rehibition center. the floor above has to apartments that need renovated. building also has a storage warehouse area built onto the rear. 

I have found a off market commercial property that I have an opportunity to purchase. the property includes a lease of the first floor which is medical rehibition center. the floor above has to apartments that need renovated. building also has a storage warehouse area built onto the rear.

Same with medical businesses.

I think you can ask who their emergency contact is and if they have senior service providers who visit to bring groceries, medications, etc.

It has a great school in the neighborhood, future plans include a shopping center, grocery store, and medical offices in the up coming years.

Medical Payments: Provides coverage for an injury suffered on the premises.

For example, the survey found that one-in-three Angelenos postponed medical care because it cost too much, and 11% worried about not having enough food to eat.

For instance you can buy properties around the medical center that should cash flow pretty well but that area is in decline and appreciation isn't very strong in my opinion. 

✅How long is the tax-exempt period?

You should contact your local assessor for specifics, but I think that the homestead exemption would change to 0%.