Along with the concept  of leasing properties to an LLC separating personal assets being flat out wrong, there is also no mention of leasing a property to an LLC for additional liability protection. 

Schedule a final inspection to ensure quality standards are met.Each of these sections would come with an estimated timeline, budget, and list of materials required, making it easy to track progress and expenses during the project.

You’ll want to check out the PA Code's Chapter 2800 for the standards around licensing, safety, and staffing requirements, and the Assisted Living Residence Regulatory Compliance Guide can provide extra insight.We actually have a local team here in Allentown that has worked on several of these conversions, so if you'd like some guidance or just want to chat through the process, feel free to reach out.

There is a legal concept that when a contract is ambiguous that it will be interpreted in favor of the party that did NOT write the document.

Every state has a standard lease that realtors use.

What is the industry standard for underwriting?

We have been applying our standard question sets but feel we can do better.

There is no "standard" practice.

Without the bank the whole concept is kinda out the window. 

Definitely prefer cash flow options, but im open to the other concept.