This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

I like metal blinds better, they block more light than vinyl.

While finding a local CPA is important, consider the option of working with remote professionals who specialize in real estate and small business taxes.

This is one way to manage costs risk.The ways to own the property besides FHA & conventional loans is with private loans, investor DSCR loans (non owner occupied); seller financing, lease options, partnering with others to take the property down..... 

Hey James,Ah, I see where you're coming from—given the Chicago winter, cutting off electric isn’t really an option without risking serious damage like frozen pipes.

While flips don’t usually qualify for 1031 exchanges, holding a property as a rental first might open this option.

Make sure you research multiple options to see what fits best for your real estate goals. good luck!

Pros and cons of each option even if you can't sell the branded one eventually? 

Voluntary compliance may be the safest path forward, but every business must weigh its options carefully.To learn more, visit FinCEN’s official Beneficial Ownership Information page: www.fincen.gov/boiDon’t wait for last-minute surprises. 

For a simple/budget-friendly option, Google sheets/Excel can actually be a great starting point.8.