IF you were to renovate a non-conforming unit, that unit would now need to be brought up to code.When or if you rent out the unit, you, of course, run the risk of the tenant calling the city and saying the property isn't up to code, which would, in turn, cause an inspection by the city and likely result in some violations that would require you to bring the unit up to code.These types of units are ALL OVER the city of Chicago and be rented out on a daily basis, but there is still clear risk associated with renting them out.

What made you interested in investing in this type of deal?

Purchase price: $84,000 Cash invested: $10,000 Sale price: $165,000 Single family home (manufactured) What made you interested in investing in this type of deal?

Purchase price: $375,000 Cash invested: $87,000 Short-term rental in Hocking-hills, Ohio What made you interested in investing in this type of deal?

I'd recommend targeting areas and property types with a high volume of sales.

COMMUNITY- will the community support this type of housing (talk to other developers, visit projects of similar nature preferably in the same area and price bracket).3.

I know this may be an individual decision ultimately, but what types of land did you purchase, or what regions, or what characteristics and why?  

What made you interested in investing in this type of deal?

I never trust people that lead with any type of religion.

If you ever want to exchange ideas or discuss what types of properties you are looking for, I’d be happy to connect.Also, it’s fantastic that you enjoy bodybuilding and working on cars—strength training and cars are big passions of mine, too.