Hi everyone,I’m working with a cultural heritage organization and have a background in real estate.

I'm curious of the current market demand for student housing and appeal to rental investors.

Here's the City link for you to reference. https://www.chicago.gov/city/en/depts/doh/provdrs/homeowners...1) ADU regulations specifically exclude Short-Term Rentals so don't do it if the intention is to short-term rental. 2) The ceiling height oh 6'10" is almost guaranteed to trigger digging a basement if you want to formalize as an ADU unit, especially if that height is further reduced by pipes or HVAC. 3)Ingress/egress is an issue for renting, as is that any bedroom also will need two (ie operable window/doorway).

You will build up cash on a monthly basis that could be used to invest other places either rental properties or the stock market. 

@David MartinezA quick search on furnishedfinder.com shows a bunch of available midterm rentals in that area so you can use those to help guide your price and strategy.

Just ask your real estate agent if they own any rental properties.     

I own about 5 rentals in the same city in lousiana.

Tax and Legal ConsiderationsUnderstand the tax implications and legal responsibilities associated with rental income.

Remember some organizations develop solar for their image and the feel good aspect, not the financial profit.This statement can be applied to any form of new energy development. 

I'm not sure about other neighborhoods in Cincinnati but my properties' area (Mt Healthy) just introduced a City Rental Registration, starting 2025, that costs $100.