My sister in law in Silicon Valley prepaid for a full year for a place that I believe was beyond her financial means, using her mother's (my MIL) money when MIL was pulled out of the nursing home she was staying.

I think my main question was how to protect it from medicaid or if they go into a nursing home?  

I'm a CCIM and a member of the Society of Exchange Counselors.Hi Ernie, Sounds like you have invested in lots of different kinds of property types- Have you ever invested in skilled care nursing ,assisted living, or corporate housing?

The person needed to go into a nursing home and medicare was forcing them to sale their house.

Looking at a large old building,  formerly a nursing home.  

When we had to move my grandma from her apartment to a skilled nursing facility a few years ago, I investigated this.  

In addition, any time you spend living in a care facility (such as a nursing home) counts toward your residence requirement, so long as the facility has a license from a state or other political entity to care for people with your condition.Eligibility Step 4 - Look-BackDetermine whether you meet the look-back requirement.

The flame was just recently reignited and I'm fighting the urge to over analyze everything daily and I have to say that BP has played an incredible role in my action thus far and for that my future success will be forever indebted to both Josh Dorkin and Brandon Turner and the countless other seasoned investors imparting all their experiences with us.My REI goals are to focus initially on building my wholesaling business and build an incredible marketing system that allows me to do 1 to 2 deals a month until I can save and reinvest enough capital to be able to turn my strategies to fix and flips and ultimately build an incredible RE portfolio that brings in enough cash flow every month that will replace my income for my full time job so that I could focus that 240hrs/month on my REI business and to continue in my pursuit in attaining my Doctorate in Nursing. 

You need things in writing, it's not about trusting a partner, it's about you or them dying, ending up in a hospital, nursing home, getting a divorce, going bankrupt, everyone needs to be protected.

This woman forged his name on some things, opened accounts in his name and eventually had him put in a nursing home.