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Updated about 1 year ago,

User Stats

124
Posts
40
Votes
Chauncy Gray
  • Richmond, RI
40
Votes |
124
Posts

Group Homes in Illinois

Chauncy Gray
  • Richmond, RI
Posted

Hello All,

Has anyone here from Illinois ever run group homes? Within the next 6-12 months, I want to find properties, flip them and make them group homes. I've heard that people can fix and flip homes and donate them to non-profit organizations that are looking for group homes.

I heard that state has stiff regulations regarding group homes, especially if the state provides any funding. I also heard that private-run group homes are much better.

Who is experienced with investing in properties and turning them into group homes? Would you have any word of advice as to where to begin researching more on this topic?

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