The Midwest perspective is really interesting too; I’ll definitely keep that in mind as I evaluate different markets.

Curious if you’ve seen similar parallels when evaluating hospitality-adjacent assets, or if senior housing still feels uniquely sensitive to management execution compared to others you’ve studied.

If anyone would like to evaluate it, feel free to DM me and I can share a parcel map, zoning/land-use info (what we know), utilities/access details, survey/topo/floodplain info (if available), and photos/house specs.

Inevitable, there will be changes on the Scope Of Work as you progress through the renovation.Many contractors view Change Orders as an easy way to boost their profit margin, so you'll want those in writing.Also, recommend taking videos with contractors when discussing corrections, change orders, etc., as everyone has selective memory.

Congratulations on your progress!

Markets are overwhelmingly expecting the Fed to hold rates steady, framing the decision as a pause to assess cumulative progress rather than a pivot toward renewed easing.

Meanwhile, inflation readings were constructive: headline PCE and Core PCE both continued to cool, signaling further progress toward the Fed’s inflation objective.

Understand how to evaluate ARV, estimate rehab costs, and know what a real investor-grade deal looks like.

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You and your wife seemed to have done some major research and evaluations prior to your purchase.