I've got a 2500 square foot house with four bedrooms and two bathrooms on 17 acres. We are going to move this summer (back to our old farm) but I don't really want to sell this property. I would like to find a way to keep it to pass onto my children. I wondered if I could take in some boarders and run it like an assisted living facility.
Of course, anything like this has tons of red tape. We are going to have to rebuild the deck anyway (and fix a bunch of things the goobers who built and sold this house didn't do) but I figure if we were rebuilding the deck we could add a w/c ramp while we're at it.
What kinds of licenses would I have to get? What kinds of expenses should I expect? I know dependable hired help can be hard to find, I would expect to be the one over here cooking meals and washing clothes and helping with baths most of the time. I would have some standards, of course (must be ambulatory with or without a cane or walker and no psych patients). I figure I would lay everything out to the people up front and they can take it or leave it and if they don't like it they can leave. If I would be required to run like a chicken to please people like the state requires the nursing home to do I wouldn't do it.
Anyway, does anyone have any experience with this? I have toyed with the idea for years but don't know if it would be worth the hassle. Is there any money to be made here? I would think I could have two to each bedroom.