Also one is generally hyper local (at least for a one investor) and REITs are generally not.  

Also, look to attend meetups local to you and connect with other investors!

Unless you make the theme of the house around that famous person, I dont think consumers will pay a market premium on ADR to stay. 

You could also check out options like Cozy or TenantCloud for similar features.When converting to LTR, just keep an eye on local rental laws, lease terms, and any rent control rules that might apply.

The house was on the market for a few weeks, I submitted my offer after the seller reduced the price to $24K.

As far as meetups go, you can find a lot of local events posted here on BiggerPockets: https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a list of Chicago meetups that I can share with you as well.

Quote from @Jerome Brown: Looking for some wisdom and to network with anyone buying in Ohio market (Columbus, Dayton, cincinnati).

I will be attending, would love to network and meet other local wholesalers

Local Banks & Credit UnionsSmaller banks and credit unions are more flexible than big lenders and might approve you with:✔ A detailed project plan✔ A licensed subcontractor network✔ Proof of rental income history (since you own rentals)4.

Structuring the deal properly (like through a land trust) can reduce this risk.Your best bet is to connect with an Illinois investor who has successfully done sub-to deals or find a local real estate attorney who specializes in creative finance.