This is dangerous!

But you are right , not all mold is dangerous.

What people are paying can put their investments in danger over the long haul.Think about the exit.

“C” Class properties are in older, declining, or stable neighborhoods, are not the most desirable areas, are typically older properties, built 30+ years ago with much fewer amenities, if any.

And as long as people like me believe what I believe about it, it puts people like you in a better position with the trustee-owned because there are fewer people mailing. :-)

And Sean Brennan , it seems fix and flips work real well when the market is on the climb, but they are dangerous because no one knows when they'll peak.

The metal roof goes right over the old roof so there is no danger of the City deciding we need to re-engineer the roof- this is an old house and if the rafters aren't spaced properly they will have to be redone which is probably a $10k project...  

More importantly, it will also prevent you from approving each flip.With the shortage of good deals, my observation is that many rehabbers are taking some unnecessary (i.e. dangerous) risks.

If greater than 50% of your ALF residents are on Medicaid, you will struggle with profit margin, ideally you would have 65%+ private pay.Keep in mind senior housing is considered 'special use' in the eye of lenders so there are fewer loan options in comparison to apartments (no CMBS, few life companies, fewer bridge lenders).

I'm looking for a more affordable way to develop housing, with fewer maintenance issues than the older houses we have available.