Hello, can any Chicago lawyers or property managers shed more light on the new flood disclosure requirements on the RLTO?

This includes preparing the property for renters, pricing it right, marketing, application screening, collecting rent, dealing with unpaid rent and other lease violations, security deposit disposition, inspections, and so much more.

In terms of material participation for cost seg I'm good there and meet the requirements. 

If local sales support the new value then you should not have to deal with the seasoning requirement.

Multifamily properties do require more management overall and typically appeal to a smaller, investor-focused buyer pool.At my stage, I prefer small MFH over anything else because of the stronger cash flow, scalability, and the more forgiving capex compared to larger MFH, but the best option depends on your goals and strategy. 

These are typically interest only and require a payment of 1-4 points up front depending on your area and the PML.

They batch the deposits together and you have to go deep into the program to determine which tenant made the payment, that was deposited into your account.

Our lease contains a clause stating the security deposit cannot be used for the last month's rent. 3.

Short term rentals do get more money, but also cost more to run and require more time.  

In addition to a voucher, we require that the tenant be able to show income at least 1.5 time the monthly rent, as opposed to our regular tenants who must show 3.5 time monthly rent.