Have a really nice and memorable feature for guests to distract them from other things (huge tv, fire pit, hot tub, PS4) 7.

Given your situation and concerns, here's a breakdown of considerations and advice:Pros of Renting Out Current Home and Buying a New Primary Home:Living Condition Upgrade: Moving to a larger, newer home with boutique features can improve your living space.Rental Market: West Town in Chicago generally has a strong rental market, which could provide good rental income from your current home.Portfolio Diversification: Adding another property to your real estate portfolio can enhance diversification and potentially increase long-term wealth through property appreciation and rental income.Cons and Concerns:Interest Rate: The current interest rate of 7% on a new mortgage is high, and there's uncertainty about future rate decreases.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

She later leveraged her experience to teach others how to harness the potential of virtual assistants globally.One crucial lesson I learned was the importance of timing.

Good communication with guests and a well-organized system for handling issues are also crucial.

Additionally, quick and effective marketing proved crucial in attracting buyers swiftly.Challenges: We faced challenges in ensuring correct pricing and marketing for a quick sale and managing the double closing process.

This way, you can remain a passive investor.While starting an LLC and running short-term rentals can be feasible, it's crucial to structure your involvement as a passive investor to stay within legal bounds.

However, I just found out Easy Self Storage started to sell their own access hardware, and then it released a new feature on their software/website that you can see gate access activities/log live and can even open/close the gate remotely simply through the website (even on your mobile!).

But I have a new concern.Interestingly, this original question and your responses were featured in David Greene's BiggerPockets episode #969 at 20.33 min mark (https://www.youtube.com/watch?

However, it's crucial to note the importance of thorough due diligence and professional advice.