Sometimes tenants bite, sometimes they don’t, but it’s worth a shot.Owner Move-In: If you’re planning to live in one of the units, you might be able to legally take it back.

Also, keep in mind that if you do self manage, you do put yourself at more risk for a legal issues.

That is, they take the arrears, the late fees and any legal fees and they create a 2nd.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Your financial background is a huge asset, and it’s great that you’re starting locally in Milwaukee while keeping an eye on future expansion.If you’re looking to connect with like-minded investors, the Rental Property Association of Wisconsin is a fantastic resource for networking with rental portfolio owners, accessing legal resources, and finding contractors. https://www.aasew.org/For mentors, funding sources, and flippers, the Milwaukee REIA is another great group to explore. https://www.milwaukeereia.com/I’m a member of both and find unique value in each—maybe we’ll cross paths at a future meeting!

I would search the BP forums because your tax / legal related questions likely have already been asked.However, it doesn't hurt to still ask the forum what your questions are.

It may be a tough pill to swallow if you feel you’re totally right, but you may be surprised at the LEGAL opinion rendered by counsel.  

Negligence is only a cause of action when there is a legal duty owed. 

@Brittney YangFor the actual legal document, get an attorney.

Osceola County (Kissimmee) has many options in purpose-built, legally zoned STR communities.