[JustTans23]

Well no wonder the business is doing so poorly if the landlord is running it and he is someone that is willing to give you the electricity for free. My rent is dirt cheap too. And I put up with a lot of crap from the landlord to get the cheap rent. Sometimes it isn't worth it.

Definitly get in there. Tell him you want to work a few days in there, at least. Sandi will help you run the reports you will need to get more accurate info on cash flow and all that.

You will definitly need to sink some time and money into this place. Not to mention hire all new employees. Sandi makes a good point in that the current ones are probably skimming. They are used to a non existant owner, they'll resent you for coming in and wanting to actually run the place.

I think you're first steps need to be to get in there and run some reports and work the place. Let us know what beds are in there. And start doing research on the industry so you are more knowledgable about what your getting into.