we are still players in that space ;) @Sam Steadman - thanks!

More and more people are choosing to rent instead of buy, which makes me question if fixing and flipping is a good business model going into the future since according to the data, fewer and fewer Americans are purchasing homes.

I use decent fiberglass tubs (American Standard).  

American Homes 4 Rent has bought several houses in suburban neighborhoods I current invest in within my local area.  

Hello, Interested in investing in an additional rental property in the north - northwest suburbs of Chicago. I already have one condo that I am renting in the suburbs. 

-Sam

It will also kick in the need to follow all ADA (Americans with Disabilities Act) Guidelines.Assisted Living facilities can be great for cash flow, but it's definitely not a simple conversion of who you rent to. 

I say that so that you can lock in your capital gains and Not have to pay anything to Uncle Sam.

Sam

Just guessing but you would probably need to refinance the entire property adding the costs of the repairs to the principal assuming you have sufficient equity in the property to cover it.Local community banks and direct mortgage lenders like New American Funding are your best bets to pull it off.