A new investor buying a $150,000 SFH house in the Midwest or $500,000 duplex doesn't need a trust in the Cook Islands - ridiculous and not practical.I know many California investors with millions in real estate who purchased umbrella insurance who don't even have LLCs.

I had a tenant complain to me that the oven never gets hot enough, but the food does cook.

I dont recall that when I sold in Cook county a few years back maybe I just did not take note of it since I am used to it on all my CA deals.

Cook County is terrible when it comes to this. 

When they cook, I smell it, and vice versa. 

Sounds like too many cooks in the kitchen, and no solid systems or policies in place, along with different menus. 

If you can't cook food in it, it's not a "unit."

That's a recipe for cooking with gasoline!!!

Quote from @Ethan Cooke: @Anibal Mijangos - Rental arbitrage is a great business wherever you can find below-market rental units and favorable STR regulations in strong Airbnb markets. 

It’s just another appraisal to make sure you aren’t “cooking the books”.