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Updated over 14 years ago, 05/10/2010
Converting home into boutique assisted-living facility
I'm looking into converting a fairly large SFR into a small assisted-living facility.
Of the 162 state-licensed assisted-living facilities in Dallas County, 107 are in homelike settings that care for up to 16 residents. The home I have in mind has 4-5 bedrooms and 3 full baths.
Anyone done this or have a handle on the economics? Typical challenges?