Wanting to connect with anyone in the assisted living world, I am starting the process of opening up a Residential Home for the elderly in Las Vegas!

I peeked through the windows and talked to two neighbors:One middle-aged man told me there used to be a family living there, but they left the house because of electrical issues.Then, an elderly (super nice) lady talked with me about the house for almost an hour.

Personally in this year alone I've helped clients get through divorce, leave their job to care for an elder parent, and leave the country for a mission trip with a cut in pay.

@Cindy NgGood for you for taking care of your elderly parents.

Quote from @Nicole Heasley Beitenman: I have a potential MTR tenant who wants to stay at the property with an elderly parent.

., person in college not working, an elderly person or person with disabilities who is cared for by the main applicant, etc.?

Between taxes and insurance, the rent barely covers carrying costs.The tenant is elderly, lives alone, always pays on time, and is very easy to work with.

Scams on the elderly.

Now that there in later teens, us elders were working on it, doing what we can to instill (1) financial education (2) sense of duty and obligation for what they will receive and, ideally (3) continue forward. 

Residential Assisted Living (RAL) is an increasingly popular real estate investment strategy that involves converting or using residential homes to provide assisted living services for elderly residents.