I'm anxious to find out what other investors think and are doing to grow there business.

I think there will be a boom in assisted living units as baby boomers grow older (a recent topic of "Adult Homes" lol).

Wages are not growing and when interest rates rates come back, people won't be able to afford to buy a house with a bigger payment.

Since around 2010, and growing each year, more and more come due and since underwriting guidelines have become more strict, compiled with mismanagement and value reductions, the borrowers would need to come to the table with lots of cash to refit into a new loan, most of which don't have it, hence the increasing number of foreclosures and short sales.

And what are my next steps in growing this business and generating income?

For instance, if I find it takes me longer than expected to prepare the property for rental (say, 6 months) I would like that time to have counted as my using the house as my primary residence, which it would be (I own/rent no other property and will have to find a place to live when I rent the house).

It is located dead center of Wasilla, AK which is one of the fastest growing cities in the nation.

The population is growing because employment is good here.

That's great Richard.Instead of wanting everyone to give you something you have shown the perseverance and discipline to make it happen for yourself.Everyone wants success but just a few will work for it to make it become a reality.Make sure you have no debts that cost you money every month charging high interest and instead bank roll and keep growing your money.

After you have flipped several properties and started to build a consistent business, do most flippers grow by flipping even more properties or do you start adding rental properties?