Turning a Regular Home Into a Cash-Flowing Asset: The Power of “Conversion Thinking

[Janene Session]

Hey BiggerPockets community / I’m Janene Session, a Realtor, real estate investor, and performance coach based in Virginia.

Over the past few years, I’ve been obsessed with one simple question:

That question led me to specialize in what I call Asset Conversion — the process of transforming underutilized properties into higher-yield models like:

• Senior shared housing

• Veteran co-living homes

• Mid-term rentals for professionals

• And even hybrid models that blend all three

Why This Works

The demand for affordable, community-based living is skyrocketing — especially among seniors and veterans. Meanwhile, many investors are overlooking these niches because they assume they require massive commercial buildouts.

In reality, with the right feasibility plan and local licensing research, a single-family home can outperform a traditional rental by 2x–3x its cash flow — all while serving a need that genuinely helps people.

A Quick Example

One of my recent conversions turned a standard 4-bedroom home (that used to rent for $2,200/mo) into a shared veteran home generating $5,600/mo — with a waiting list.

That’s not luck. It’s strategy, systems, and compliance — all things anyone on this platform can learn to do.

Let’s Talk Strategy

If you’ve ever thought:

• “I want higher returns without high risk,” or

• “I’d like to invest with purpose, not just profit,”
  then conversion-based investing might be your lane.

I’d love to open a discussion here —
Have any of you explored shared housing, senior living, or co-living models yet?
What challenges or questions are you running into?

Let’s build this thread as a learning hub for alternative housing models that actually work in today’s market.

— Janene Session
Realtor | Investor | Performance Coach
TeamDealBroker.com