Make sure you have that addressed just from a liability standpoint. 4) You could also look into a mid-term rental option with traveling nurses if you think the unit is truly rentable. 5) AirBnB restrictions have gotten much stricter as well in general in Chicago, so make sure you are on the right side of those if you put your unit up since you are required to register with the City.

I would start there and think of anything that I could do to stay in the house for a while as it sounds like you would be losing a bit of money with the other options. 

It really depends on your comfort level and long-term goals, but even if you want to get into multifamily long-term, SFR may be the best option to gain some comfortability.

Add a Rental Security provision to receive stock options in Lazy Dogs LLC for any upside when it goes public!

I get a digital copy with every return along with the offer of a printed version.

This was very insightful and I will look into the options a bit further.

Mashvisor – Helps compare long-term vs. short-term rental potential, especially useful if you’re weighing both options. 4.

Alternatively, DSCR loans offer long-term financing with lower rates, but they come with more complex requirements.

I think the economy has a number of diverse employment options, lower prices than King County while still being within driving distance.  

Charlotte, NC, and its surrounding areas continue to offer exciting opportunities for real estate investors.