I probably looked like a teenager checking social media all the time, but was in fact doing real estate business by phone while shampooing minivan carpets. 

@Patrick SearsIt’s different for each Individual but if your full time job doesn’t max you out in social security you can look at an S Corp and speak to a CPA to see if there are ways to minimize taxable income.With notes really not much you can do if your looking to sell them vs holding them long term.

You can secure it somewhere safe on the building and change the codes as necessary.

@Seth Razor Write a promissory note secured by each property.

You can look for active wholesalers in the area you are looking to invest, you can be active in social media sites like FB marketplace, craigslist, etc., you can look at forclosures, there is a marketplace on this website with off market listings, the list goes on and on. 

If he’s willing to carry the note for ten or fifteen that may work but I’d sure hate in 5 years, to be on the hook for over half a million dollars and be scrambling to secure funds to save my butt from losing everything .

You will get decisions to them immediately, pay for rightful change orders without delay, that you have secured financing and have the required amount of cash on hand to cover any discrepancies in the draw schedule, and will provide X number of units a year.

Jason, the assisted living business is a wonderful, socially responsible, profitable business, and it's at least a consideration. 

So after go back and forth with the seller to strike a deal that made sense for the both of us, I secured a buyer that was instantly ready to buy my contract and we just closed escrow 4/26/2019.

The property has been on the market for ~15 months, it's listed too high, but I will fight that battle once I feel secure that I can finance the purchase.