Pros:Stable Income: These facilities often sign longer leases, providing landlords with a more stable and predictable income compared to traditional residential rentals.Higher Rent Potential: Because these facilities generate income through the services they provide, landlords might negotiate higher rent than standard residential properties, reflecting the commercial nature of the tenant's business.Lower Tenant Turnover: Residential assisted living facilities tend to have lower turnover rates, reducing the frequency of vacancies and the costs associated with finding new tenants.Social Contribution: By renting to such facilities, landlords contribute to addressing the growing demand for assisted living and support services, positively impacting their community.Property Maintenance: Tenants in this sector often maintain the property well to comply with regulations and ensure a comfortable living environment for their clients, potentially reducing wear and tear.Cons:Regulatory and Compliance Issues: Facilities must adhere to strict regulatory and compliance standards, which can involve the landlord in complex legal and zoning issues.Higher Insurance Costs: The nature of the business might require additional insurance coverage, potentially increasing costs for landlords if they are responsible for carrying this insurance.Modifications and Upgrades: Meeting the specific needs of an assisted living facility may require significant property modifications and upgrades, which can be costly.Market Limitations: Should the lease end or the facility close, the specialized modifications made to the property might limit the market for future tenants, potentially requiring substantial investment to revert the property to standard residential use.Operational Oversight: Landlords might need to monitor the facility's operations more closely to ensure compliance with lease terms and local regulations, requiring more hands-on involvement than traditional rentals.I know tons of investors who are renting out their properties using this strategy here in Fort Worth. 

You'll have higher out of pocket costs for inspections and appraisal on 5+ units, LTV typically doesn't go as high, many lenders require a 70%+ occupancy rate.

Thanks all,I will for sure rely on the law enforcement work, just am worried that I will need to be there per requirement, as I need to move all that stuff out.

My understanding is Oklahoma law requires a 15 day notice to quit for damage and a five day notice to quit for failure to pay rent.

I am interested in knowing, if you can share your strategy highlights regarding the fact that your properties are all doing well with respect to appreciation rather than cash flow, and I completely agree that travel would be required to pursue cash flow.

As John said above me, it is more of an active investment and requires more of your time unless you want to hire a property manager.

Also, banks are lending with lower leverage which means investors are required to bring more cash to the table to close.

Is mediation required?

I like areas that are balanced between appreciation and not too tenant friendly.

@Matthew BanksLeadership and systems are required for scaling.