If so, you are paying extra.3.

Goal is extra cash flow in retirement for financial freedom.Dilemma: the cash flow from the property right now is roughly $1300 per month.  

I haven't done one like this, but I would agree an addendum is the best way to add the extra details.

To afford pay-by-the-night rooms (room rates are up 37% since 2021), some evicted renters scrape together extra money, sometimes for only $2 an order, driving for apps like Grubhub or DoorDash—essential jobs in the eviction economy.

It would be considered a 2 bedroom with a "flex space" which means you have one extra bedroom to rent.

***THIS IS SUPER IMPORTANT as if you forgot this, you'll ended up having to pay extra $$$ or clean it up yourself***3.

It’s likely that some contractors will offer a sign-off service for a fee, allowing flippers to comply with the letter of the law without significant extra labor costs.

If you’re new to flipping, aligning with a mentor and real estate professional ie (Realtor/Mortgage Broker) who has experience with flips can provide extra insights, helping you mitigate risks.

You’ll want to check out the PA Code's Chapter 2800 for the standards around licensing, safety, and staffing requirements, and the Assisted Living Residence Regulatory Compliance Guide can provide extra insight.We actually have a local team here in Allentown that has worked on several of these conversions, so if you'd like some guidance or just want to chat through the process, feel free to reach out.

So most investors I know are fine with this.I have seen some who will stack an additional LLC on top of it...to be "extra safe" in their minds.