Furthermore, the price for the converted homes will be much higher compared with the usual residential buildings.  

The window by the stove was melted - had to replace it, not easy to do since it was not a standard size. 

Even with upgrades to hurricane impact glass etc. to potentially qualify for insurance may not even make sense if the existing structure couldn’t hold the window in place during a storm.

Regarding your question about buying vs. building, did you mean why aren't we buying an existing care home (already up and running), or why aren't we buying an existing structure and converting to a care home?

Here is the breakdown:  - Price for Door and Transom - 1600, - Material 340- Custom jamb and labor to install everything = 1260Here are the details of job:- supply and install double 32 inch door with 5/4 jam thickness with 4 5/8 clear pine jam ,6 ft 8 inch height , 15 light interior French door , 1 3/8 door thickness- satin nickel hinges and flush mount satin nickel slide bolt - To supply and install transom window with 4 5/8 clear pine jam , clear glass ,size of transom window is 651/2 inch wide with a height of 11 1/2 inches - Create custom extension jams due to 13 inch wall thickness and trim out with flex trim matching radius of transom window 3 1/4 colonial casing with 5/4 x6 to be on top of door with solid crown and nosingHere are pictures of what we are trying to achieve before and after:

If so, I would just add some window AC units and go for a smaller rent bump. 

From the kitchen cabinets, windows, toilets, faucets, appliances, lights, ceiling fans, marble counter-tops, doors etc.

My family and I met him a few days ago to look at a fixer upper with a garage that has been converted into an extra living space and half bath.

Kitchen next to bathroom.Furnish and install new windows including resizing if required.

However, there is a "lock" option that converts it into a loan with the current interest rate.