Hi does anyone have experience with providing direct STR stays (so not through Airbnb or VRBO) and charging, collecting, and remitting the local Chicago hotel tax?

But at current prices and interest rates, this will be very challenging unless you go to cheaper areas or nearby suburbs that are cheaper. 

Don't let them keep you in the dark about what they are charging vs what they are telling you they are charging.

Quote from @Ashish Acharya: @Sanjai Dayal If your LLC owns the commercial building and leases space to your medical practice LLC, it’s essential to charge rent at fair market value (FMV) to avoid IRS scrutiny.

No I would not go with a company charging that.

I am particularly concened about the water meters not being hooked up and potential charges there. 

For real estate investors, that means lower operational costs for managing properties and cheaper construction expenses.

In some places it is a lot cheaper to rent instead of buying, but in other areas, it is the same (or cheaper) to buy a home. 

You can be charged with wrong doing up to 10 years after you buy the property. 

Tried to get title search but it’s too late it seem and title company does not guaranty anything after charging $500.