My concern is someone who does not understand Chicago rules and regulations on units, airbnbs or the AUD profess in Chicago will direct you on these topics.

(And offered to pay to fix it)What concerns me is she did not reach out to the person below or contact anyone .

(And offered to pay to fix it)What concerns me is she did not reach out to the person below or contact anyone .

Since you got an appraisal done about a year ago you can add about 10% to that value they provided to get an idea of where fair market value stands today as a ballpark.No appraiser I know is going to look at the HOA financials and factor that in, because they are only concerned with the asset for appraisal although we all know the health of the HOA and financials still play a factor in the sale of a condo.I'm dealing with a similar HOA right now for one of my listings where the reserve is at only 7% funded for what's needed for the budget and there is an upcoming special assessment for each unit. 

She was very nice but was concerned that I wasn't aware of what's been happening there.

Wilmington, NC was also mentioned as a potential investment location.Virginia - Richmond and Virginia Beach were suggested as investment options, especially for an investor located near those areas.Florida - Jacksonville and Tampa were two Florida cities mentioned, although there was a concern about rising insurance costs in Florida.Tennessee - Both Knoxville and Memphis were listed as possible 2024 investment locations by one investor9.

Concerning the name on the lease I don't know if any property manager is going to put the lease in their own name.

I'm not concerned about teaching them a lesson.   

Also, the denominator is "initial investment," not "total investment" I just get somewhat wary of inflated numbers that make something look better than it is -- saying that my NWROI is this incredible percentage - but an ongoing maintenance concern/capital expense actually makes the property break - -even or even worse. 

My main concern is that I am not running the numbers as accurately as I should be, or if it’s just too much of a stretch.