Both seasoned and new real estate investors have a powerful tool: the 1031 tax-deferred exchange.

@Kent KettellThe advantage of leverage is that it lets you extend your purchasing power.  

Renting by the room can be a powerful strategy. 

However, with the market being saturated, there might be opportunities to negotiate better deals on properties that could be suitable for long-term rentals, which typically offer more consistent cash flow throughout the year.As for seller financing, its a powerful tool, especially if you are looking to keep your personal finances separate.

Take rent/2 - p&i to get quick (but not extremely accurate) realistic cash flow.  

Piercing the Corporate Veil is extremely easy here.

When I did my early high level due diligence it looked to me like they weren't issuing any new permits, but I would love to be wrong on that.I do know, having just stayed there in an airbnb, that even for existing permits the rules are extremely strict. 

There’s a lot that goes into solar and power storage unless you just want to sell your leftovers to the electric company.  

Chicago winters can be harsh, so we're curious if anyone has had a good experience using a heat pump with an ancillary heat strip for those extremely cold days when the heat pump can't keep up.

Its powerful, and can be as complex as you want it to be.