@Daisy RuizTo echo @Michael Baum, I have not seen or heard from many people operating STRs in Chicago.

Understanding my customer, I bought similar properties to what they were currently renting.This strategy is similar to how national retail chains operate: identify your target customers and provide what they want.

For those who have done a base rent + percentage of wedding event operator revenue, what percentage did you use and how did you determine it?

Strategic planning and phased upgrades are critical to balancing renovations with ongoing operations.

Strategic planning and phased upgrades are critical to balancing renovations with ongoing operations.

Strategic planning and phased upgrades are critical to balancing renovations with ongoing operations.

Strategic planning and phased upgrades are critical to balancing renovations with ongoing operations.

However to date I'm not aware of anyone operating here. 

I'm sorry about what happened to you but you cannot claim that the operation is now rebranded to my business on the basis that I was cc'd in an email.

Whether it's Airbnb, VRBO, FF, Zillow, FB, direct booking website, insurance relocation portals, databases from MTR operators who get a lot of insurance/corporate leads, CHBO, etc.The MTR space is still quite young, unlike STR.