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.

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.

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

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.

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

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.

I highly suggest against that and just doing one larger rent increase to $1000, but if you are only trying to do one unit at a time, make sure you don't try to make a drastic increase to all 4 tenants if you can't afford for all 4 of them to be out at once.I'd consider showing them some data on comparable rentals and let them know you are trying to improve the building by renovating the units.

But some advice already said.1) Learn how to reduce your expenses2) Pay every month like you would be a tenant 3) Find other ways to make additional money - does it have a guarge, maybe rent that out for extra cash flow? 

Much will depend on the price of the property, for sub $100k I’d expect to pay something extra. 

Because the total volume of sales for these lots is down, there's potential for a large gap between the lowest-priced active listing, and the most recent closed listing, solely due to the lack of available data (closed sales).