I provided a free rent back for 2 weeks so the seller could get her funds and relocate.

Quote from @Adam York: Contact your insurance provider and let them know you intend to rent out the home.

@Matt Smith - as @Christopher S. mentioned you cannot use an ADU unit in Chicago as an AirBNB as the city's intent with the program is to provide additional affordable housing. 

Yes, an investor agent, an experienced rehab contractor and a very experienced private HML that is also an investor, all of which provided invaluable guidance.

Purchasing a property for your child while they attend college can be a strategic investment and a great way to provide them with stable housing.

Allocate equity based on contributions: you provide the $235K HELOC and management, while your former boss contributes renovation expertise and labor.

Additionally, it provides investors with the opportunity to add a unit on a property they already own, simplifying management since the new unit is in the same location.Finding a vacant lot is both expensive and difficult, so the ability to build, subdivide, and create new development opportunities can make financing easier.

You didn't provide any numbers so can't answer if it's a good deal.

Show Financial Stability- Proof of Income: Military pay provides a stable and reliable income source that banks value.- Creditworthiness: German banks assess your financial standing, so keeping accounts in good standing is critical.4.

They will provide you with an overview of what needs to be done and what they will charge.