Since I have a long-term interest in getting into hotel investing, this feels like a natural stepping stone, but I want to approach it the right way.I feel like this is such a great opportunity, especially with it being off market.

I am currently going to community college as well as in the process of getting my real estate license.

Why it works: Social proof reduces hesitation and builds confidence in your services.These simple strategy can help ease your lead generation and nurture process, making it easier to focus on what you do best—closing deals!

I'm currently in the process of gathering more details from my property manager.

It simplifies the process since Zillow handles credit, income, and background checks for a small fee paid by the applicant.Background Check Services: If you prefer not to use Zillow, consider using services like MySmartMove or RentSpree.

Dan,The process to create an LLC in Illinois is pretty simple.

The lender will require that you live in it for 12 months and then you can rent out all of the units after that and start the buying process using the same strategy all over again after that 12 month period.  

Second, we’ve refined our screening process for the clients we bring on.

Contact your lender, and they will start the process.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.