My name is James, and I specialize in the care home and assisted living space.

Hi everyone, Hoping to connect with someone who has experience renting to or operating residential care facilities. 

Investment Info:

Townhouse other investment in Plymouth.

Purchase price: $185,000

Cash invested: $5,000

Sale price: $220,000

Occupied by my in-laws. Rather than paying for childcare services from...

I got an unsual response to a listing of mine today:Good morning, We are home health care agency, and we want to rent the house to care for disabled or elderly clients that are unable to care for themselves 4 -6 unrelated people.

They are billed as "a scientific approach to single-family rentals" and use "institutional grade property management," which usually means they are a tech company in real estate and likely either don't have the existing property management relationships in each area or you chose an area where they don't have enough units through Roofstock for the PM they chose to care.

However, it's a deal in a different state and during the Facetime showing, I could tell the tenants were gross and makes me think they don't care about taking care of the place or their living conditions.

Who cares where the rent is coming from?

If you care just about positive cash flow (and you don't care about population growth, macroeconomics, or appreciation), definitely go with Cleveland.

If you're insuring a home to replacement cost, insurance companies don't care about appraisals or what the home is worth.  

To be brutally honest i don't care if it's at cost, below or above, I only care what it is exactly and how much.