In either case there's no shortage of strange sounds, that room will randomly go cold for no apparent reason, doors will swing shut or creak open on their own, and there's weird vibes to the property in general.

It sounds like the Projects feature in Quickbooks might make the most sense.

I'm having to make some assumptions because there is missing info in your post, but it sounds like the flex space doesn't have a separate door to the exterior.

I think @Greg Dickerson gave pretty sound advice.

The plan sounds great and cool mapped out on keyboards but flipping rarely goes that smooth.

Turning your space into an assisted living facility sounds like a solid move, especially if there’s strong demand in your area.

Based on your post this doesn't sound like the case....

This sounds exactly like what I had in mind.

Still, it’s something to be mindful of if you’re planning to hold the property long-term.Overall, it sounds like you’re on the right track.

It sounds like a topic I need to dig into more—might even make a separate post for it!