@Scott ShriderWhile you already got a ton of great feedback on the books, events and podcasts on syndication, ALF and/or MC, and Healthcare in general is a unique asset class and requires an operator to work on the business and be involved.

We did this, and it turned out very well, but it was unique circumstances.

After talking to a few more people about it, they said this was not unique to that town, that using the basement as my living space would be illegal regardless of the town.

But what happens when you have a unique question or problem?

You'd only need an ID if you have some specific style or unique circumstance you were going for.

You have several dynamics going on that aren't for the faint of heart: expense limitation and proration under IRC Sec 280A, and unique tax treatment under the passive activity loss rules and general depreciation system to name a few.

My husband and I have a somewhat unique decision to make in the future. 

But it only gives another reason to consult with your CPA as each case is unique.

@Angela Smith That's a unique situation and I'm glad it's working for you!

You dont want to be too unique if you have a 3000sqft 4b3b in an area the has mostly 1800sqft 3b1b this doesn't nessasary mean you have more value in that neighborhood.