Residential Home Care facility/Assisted Living Connections

[Krissie Cole]

Hi BP nation!

Im looking to connect with others in this niche market segment. We are working towards doing our first 10 resident residential property. Is there a thread on BP? We've flipped, held,  and my husband and I are both Realtors. Hoping we can all help each other connect the dots and assist people in need!

Krissie

[Jason Brenizer]

I agree with @Kevin Schulte. There are fewer staff requirements for the a smaller, but still state certified assisted living site. For instance, the administrator for a Small Type B Facility in Texas (16 or fewer beds) needs a certification, but does not need to be a nurse. The caregivers too need to take a certification course and continuing education each year, but those courses are several days, not whole semesters or even associate degrees. 

Each state will have its own staff requirements, and maximum beds per site will vary as well. California maxes out at 6 beds for this type of facility. Arizona 10. Colorada 10-12. Texas is 16, but then each municipality/city can choose to reduce that number.

All these considerations affect your final outcome in due diligence to see if a given site is viable for residential assisted living.

Assisted Living and Independent Living in a residential setting would both fall under Group Home designation, but the requirements for each according to state and city will again be different. When they say real estate is local, that surely applies to the senior living niche.