Both sets of beams have to be broken for the alarm to go off. 

Set your boundaries in advance, and if the deal doesn’t meet your criteria, politely bow out.

Appeal Property Tax AssessmentsProperty taxes are a significant expense for real estate investors, but they aren’t set in stone.

If you found a few handymen you could rely on, and make a trip out there for a few days to get things set up with shopping, decorating, and furnishing the STR that would remove the red flag of the property manager, and significantly boost your material participation hours to clear one of the thresholds.

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

It’s humbing and frustrating, but it also teaches you those guardrails you’ll want next time.. like thorough screening, a solid lease agreement that sets ground rules upfront, and maybe even setting aside a bit more cushion in reserves.Chicago’s got plenty of investor-friendly pockets.

Am I setting myself up for a tax nightmare?

I look for density plays that can be executed in an infill setting.

We can't wait to see these set up.

Please let me know what is convenient for you, and we can set up some time to meet.Aloha,Barb That sounds great, Barb.