Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Wishing you all the luck in your future. 

@Noy RivlinMount Washington: Pretty much all good.

Lessee is responsible for all STR taxes.

We buy defaulted loans and deal with this all the time.

Your $3 million loss shelters all of the $2 million of K-1 income... and in 2024 $610K of the W-2 income.

Hey Chris, I think classes, masterminds and seminars are great (I have done them all myself). 

Seller financing can be a fantastic way to get into a 4+ unit property, especially in a competitive market like Chicago.Have you started reaching out to owners directly or networking with agents who specialize in multifamily properties?

If the zoning map was altered where all 2-4 units were now RT-4 then developers couldn't just tear them down to make SFH and building owners wouldn't need to fight the city to increase density. 

I have all of my *bare minimum* requirements listed on my listing so maybe funneling them to the showing asap and then getting them to fill out the application would be better?