Another item to think about on this when getting into flipping or rentals in smaller communities is the vendors or contractors that are in the area.

I am interested. 

times 3 years or $52k in interest.

Why not take his name off the LLC and put it in your name now while the LLC has $0 of value (or whatever nominal amount your articles of organization or operating agreement say that you contributed)?

Has anyone actually made money with this?

It’s exciting to hear about your plans to dive into this field, and Chicago is a fantastic market to explore once you move there.It sounds like you’re on the right track with your interest in House Hacking, Mid-Term Rentals, Short-Term Rentals, and the BRRRR strategy.

🤝[I am not sure I fully understood what I was getting into when I undertook this research.  

I guess I'd like an option like that though instead of "Reject".Right now, they're just "Pending" in limbo.I'd be curious to hear others processes for handling this in PM software, even if you don't use RentRedi.I've tried to explain the situation to RentRedi support many times and they're making me want to pull out what hair I still have.Thanks in advance,Brandon

Welcome Alana, you will find a lot of helpful people on this platform.

I very well could have done it the wrong way, but this was just my experience.