By understanding this I could adjust my income and see the probability of me losing one or more income streams and how it changed my ability to service my expenses.

My research indicates I'd probably be looking at an interest rate between 8 and 12%; is this true?

Here in Georgia we close with attorneys, as you probably know, so there's not typically much interaction with the title company for a wholesale transaction.

You can probably find a lender with no waiting period at all as well, though.

Since you started in 2011, you probably missed the nightmares after the great recession when banks 'took back' their LOCs, HELOCs, etc., and made everyone pay up or risk foreclosure.

Now probably for under 80K. 

@Wayne Brooks I did not understand the technical details of what he says the problem is, so I won't try to say things that are probably wrong :) He said there's a hole in the line, but that he still isn't able to see everything and it could still be much worse.I completely understand that this can happen.

They are most likely not cash flowing, probably it is only equity pay down they are getting and appreciation as added bonus.

It was built 10 years so I wouldn't think anything major would have to be done to bring it up to code.I'll probably start reaching out to other ALF's and advertising it for lease to see what happens. 

Our family probably needs about $6,000 a month to live off of if that matters.