Hey there, do you have any recommendations for an agent in the Seattle area to talk through the potential properties to operate a family entertainment style of business?  

Wish I saw this sooner, I’m an investor and an agent.  

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. 

ResponsibilitiesBeing a licensed agent will come with more responsibilities.

Deal finder - agent or wholesaler2.

We have had a set of tenants that had kids with some special needs and they were pretty rough on the house.

If you want to be completely anonymous, you can use a Registered Agent.

Listed on the MLS, my agent represented me.

@Rebecca Busch - Finding a RE specialized tax advisor is not an easy undertaking.

Check with Bigger Pockets and see if you can find an Investor Centered Real Estate Agent local to you and connect.