Is the strategy technically called residential assisted living? 

So I have a number to work with, I will assume that you need $10,000 per month today to maintain your standard of living.After 10 years: $10,000 × (1 + 2%)^10 / (1 + 5%)^10 = $7,484After 20 years: $10,000 × (1 + 2%)^20 / (1 + 5%)^20 = $5,600After 30 years: $10,000 × (1 + 2%)^30 / (1 + 5%)^30 = $4,191So, even though your rent increased to $12,190 ($10,000 × (1 + 2%)^10) after 10 years, because inflation increased faster, $12,190 in 10 years will only buy what $7,484 will buy today.

I'm growing my portfolio without having to manage properties day-to-day.

Not advertising a deal, just trying to understand what “market” looks like.Hypothetical (but based on a real situation):- Location: Central Los Angeles, Jefferson Park–type area- Asset: Existing 4-unit multifamily on a single parcel- Context: Within walking distance (~0.5 miles) of an E Line / K Line rail station, so it appears to fall into a transit-oriented development (TOD) pocket that should benefit from SB 79 upzoning (higher minimum density / height / FAR if standards are met)- Ownership: Held in a family trust tied to a probate / conservatorship, with a court-supervised mandate to (a) preserve the asset and (b) use it to support an elderly beneficiaryThe family side can realistically contribute **land only**; they don’t have the balance sheet or cash to run a full entitlement + construction process.

In most cases, the property manager ends up being the one truly running day-to-day operations, which makes it hard for the IRS to see you as “materially participating.”To meet REP requirements, two things have to happen:-You (or your wife) need to spend more than 750 hours a year on real estate activities, and-Those hours have to make up more than half of total working time for the year.The challenge is proving that level of involvement when a property manager is already handling leasing, maintenance, and tenant issues.

Quote from @Cody Jiosa: So, we live in Oregon and have been finding super good deals but for one reason or another we always seem to hit a wall, whether it be not enough capital to fund the fix and flip loan, Or the deals that would work, get swept up too fast, and a few other inconveniences.

As a long-term buy-and-hold investor in the Tulsa, OK market, I can tell you that “tornado country” sounds scarier on paper than it plays out in day-to-day operations.

But, it's damn expensive to live these days.

I have learned a tremendous amount from this community and these forums, as well as connected to some great people.I live in Vancouver WA and am a licensed Real Estate Agent for WA (soon to be OR as well :] ) and also am actively looking for investments primarily in the Multi Family space.

. - So, if it too late to lower the finishes to rent it?