The process protects both their system and users against fraud and aligns with banking regulations, especially given the financial data involved in property management.

Be sure to understand the financing options out there for mobile home buyers and if you opt to carry the contracts on the homes you sell you should do some research on Dodd-Frank regulations. 

As more people placed more properties in STR inventory, and as more municipalities taxed and regulated the industry, the profitability of the overall industry has reverted to a much more aligned (lower) risk adjusted return.  

Start by researching local regulations and working with an agent experienced in vacation rentals.

However, consider STR seasonality, local regulations, and management demands, and ensure your equity loan and new primary residence costs fit comfortably within your budget.

Tax structures and mortgage regulations might also shift as canada mortgages are very different.What do you think would happen? 

For a few thousand dollars in rent, it is worth the call.If you don't get satisfaction there, credit card companies are regulated via The Consumer Financial Protection Bureau (CFPB).

Understand Chicago ZoningChicago’s zoning regulations vary by ward.

Best bet is to carefully analyze the zoning maps and regulations or just call the town and ask.

Another option is to look into some funds as well that allow smaller investments. some are anywhere from 500-$10,000 minimums and accept non accredited investors (through regulation a+).If you ran numbers of a loan paying p&i at 10% but ot being able to reinvest the principal payments you realize how low your returns actually are. so yes notes are great but also understand that idle money for any investment is not fun.