This involves 2-3 days of physical on-the-ground site work and 2-4 days of research and analysis from our offices. We will meet with existing staff, audit true occupancy and delinquencies, shop the facility, interview staff, etc., to gleam their true skill level. We will also perform a thorough market analysis of the competition that includes:
We will provide a written summary of our findings along with an estimate of what we believe we can accomplish at the property (i.e., how long we estimate it will take us to reach stabilized occupancy and whether our approach would be to change or re-train existing staff). We would also be available to review the findings orally by conference call.
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