There needs to be some background so the context can be understood.In 1990 my husband and I bought my 'dream' property...an equestrian facility near an affluent town.

The best way we have found to verify that they have outstayed their welcome is if the additional names are in the mailbox for use by the mailman.We have really high water sewer garbage bills that don't have a lot of correlation to occupants or laundry facilities or anything, it is a real head scratcher. 

I would also love to open up my own horse facility and allow special needs students from the area to come enjoy the farm and ride the horses. 

Also look for properties were you can add value- reasonable renovations as units vacate to attract higher rents, add laundry facilities, or perhaps storage in an unused basement, or extra parking spaces.The right ones are like gold, as new tech people get pushed out of the more expensive areas.

Next up in the County rules and building codes and then the State.Texas has pretty strict rules on OSSFs (On-Site Sewer Facilities) that limits septic tanks to one per acre for Mobile Homes. 

Originally, I was looking to do only LTR (I have 24 units) and have now decided to join forces with two incredible women who are looking to start at STR property management business in our vacation tourism hotspot of a town.

They run a great business, getting 3 people to pay 25k and it probably costs 20k for the facility rental and fee to the speaker, not a bad business.

I cold called all the facilities in the area, I bought this one from a family that was so tired of dealing with it that they had stopped marketing vacant units a full year prior and they were occupying 1/4 of the units themselves with junk.

There is a rich dataset of countries with affordable healthcare.I was shocked when I heard that average long term care facilities in the US cost 8-10K a MONTH and many people go broke in these facilities if their assets are not placed in trusts, and in Canada it's roughly 2-3K per month in US dollars and I don't think US long term care is 4-5x better.

Advertise on vrbo or airbnb to get 3-4 times more rent.If you have a large property with 4+ bedrooms, convert it to an assisted living facility.