This property has both an incredible view and the structure was something special.

I started my career as an Architect specializing in exactly what you are looking for. 

My Dad was in lending for a while and knew someone who specialized in 203k. 

Then add cable with a turnbuckle towards the center of the beam to hold it up a little bit. 

Many rehabs look like the other guys "contractor specials" - no heart, no joy.So how do you find a designer who will commit to creating and selecting a scheme for an overall project?

Sunbelt States with a special shoutout/mention to New Mexico. 

Some areas have specific departments or webpages dedicated to housing or zoning regulations that can provide detailed information.Another effective approach is to connect with local real estate agents or property managers who specialize in short-term rentals.

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

For those landlords who take security deposits in City of Chicago, is a separate business bank account sufficient for the security deposit or do I still need to set up the special landlord account that requires all W-9 paperwork from tenants etc?

But they really have their niche down are creating a special experience for guests and not simply selling accommodation.