I am no @J Scott in matters of poker.  

It's like playing poker.  

Its like playing poker , they want you to show your hand .

Oh here is another fun simile.We as BP investors are poker sharks!  

So I told everyone to keep there poker face and take a lot of notes.

 + As a final poker chip, I might offer them a small % of gains from sale on the property as you will inevitably sell the real estate LLC (without the operations) to an assisted living investor for much more than you would have as a single family.This setup will separate you from the decently high liability of operating an assisted living facility as you are not an owner of the operations company.  

(Then you are also inviting a can of worms, to the poker table...)

I have a good paying W2 job(>$30/hr) as a poker dealer in Pittsburgh.

Consider 'Holding Costs' and Opportunity Costs.Holding for two years is 24 months of lost rents PLUS all the obvious costs of ownership.Take the FMR for the area and condo config (plus the ownership costs) Times 24 and that's what you just threw out the window.Now try to visualize (dream) getting that back in appreciated value accessible ONLY by a reselling the unit.Sure like to play poker with you.

Think of it as playing poker and the mortgagee showed you his cards, after you folded.