Hello,I am considering purchasing a multifamily property with 25 units in Cleveland Heights.

It is important to consider local regulations, as Seattle has specific rules and restrictions for short-term rentals, which might impact your ability to rent out the property when not in use.

., etc.) will not increase your opportunities for attractive financing and typically restrict you to the private money market (low LTV, premium rates and higher fees).

For me.Good amount of cash in my bank they give me 4.5% but its not restricted I can move money at anytime..

They have too many restrictions to investors.

Places like Maplewood, Richmond Heights, Affton, etc. would be where I would start (if looking at long term rentals).

Bedrooms are cheap.We will likely see zoning law changes in 2025 for the city of Milwaukee that will lift restrictions on ADU's (google GrowingMKE). 

Airbnb is also exceedingly easy to get an idea on what 3BR comps in the area are getting for their weekday/weekend ADR, cleaning fees, as well as seeing if there are common check-in/check-out times, minimum stay restrictions, and how booked up their calendars are, especially right now heading into the back half of the busy summer season.As far as the what kind of legal structures to use for this property, there's so much noise on social media about stuff that just doesn't matter or apply to most people, so I wouldn't worry about overcomplicating your purchase with trusts and holding companies at the beginning. 

Request minutes for the latest HOA meetings, statements, CC&R (Covenants, conditions, and restrictions). 

Reno is also geographically restricted from over building forcing appreciation.