I second Richest Man in Babylon and also I recommend the 10 Commandments for Real Estate Investors by Frank Gallinelli.

Currently the facility's numbers aren't beefed up to command the price the owner believes he should get in addition to how commercial property is priced.

What matters is what is the housing preference in your market and at what price does it command. 

The more unique and special, the more you can command per night and not get sucked into pricing wars.

Lincoln, Pike, and Walthall commands high rent.

You can still split profits and expenses 50/50.But do remember, your partner won't be under your command. ;-) It's a different experience.

for the life of the contract now remember the first few years you will have neg returns due to comm and cost of insurance and the fact that the dividends are based on the size of the death benefit and how long your policy has been in force so that 4% compound has to over come all of that and it will take years to do this (8 or 9) maybe even 10 years so you will go from getting a $300 (yr 1)a year div to $4000(yr 10) a year to $14,000(yr)20 a year and rising its the turtle in the race & the finish line is 65 or 66 years old  for most folks by age 65 you would have put in $300k in (premiums)  Guarantee cv will be prob $387k  (thats ZERO Dividends paid all years!!!)

And if they are late on rent or trash the place you can call his or her unit command.

It's on the border of Troutman, NC (which commands better rents) but obviously it's probably still too high as others have pointed out.

I have learned that, while showing tenants the respect they deserve, you must be firm and command respect as well.