This is where you can learn about such things:https://fiscalofficer.cuyahogacounty.us/en-US/REPI.aspx ,as well as confirm the ownership of the other TK buyers you spoke with of their respective properties (unless they own through an entity/another name/in a different county,) as well as from whom they bought them - I expect to see the name of the above LLC (though, they may have used a different entity.)Then go to Zillow and see how many times each of these properties that these two customers have presumably owned for some time has been posted for rent in the time span since they have been rehabbed - if multiple times per year, warning sign about the PM company/area, and those customers should not be happy.

You might not have enough space and legally would have to dig which likely completely negates the rental units value for some time. https://www.chicago.gov/city/en/depts/doh/provdrs/homeowners...2) Full building systems alone are likely to run you well over $120k if you are doing everything on a building that size and age in Chicago.

I have done a number of remodeling/renovation jobs (i.e. master bedroom en-suite, bathroom and kitchen remodels, replaced siding and windows, etc.) on the houses that we have owned that have netted us well on resale value so I am familiar with sweat equity and grew up with a family that was involved in home building and land development so it is a bit in my blood there as well.  

Here is a long to the 10 REITs with the largest discount from net asset value by Standard amd Poorshttps://www.spglobal.com/marketintelligence/en/news-insights...

A few links on those below.https://www.skype.com/en/calling-rateshttps://support.google.com/voice/answer/7491761?

There also seem to be some good deals in Mammoth, and from what I've heard it does quite well in the summer with mountaineering, mountain biking, and people stopping en route to Yosemite.

My parents own a house in Ocean City which I am en-route to now, so I am very familiar with all the towns from AC-Cape May.

I'm not saying this is how you operate.. not at all, but to say that this isn't going on en masse is to just be intentionally obtuse.

For the business to deduct en expense, it must both incur and pay the expense.

Hola @Joel Gierbolini, Estoy un agente en Norte Florida.