Flippers - I'm advising clients to pass on deals where DOM are high across the board.

If there was no appreciation, there is no need to do a 1031 exchange.I have never been a fan of condo's as you lose some control over the investment - You have no control over the monthly maintenance fees, you may not have control over who is on the board, you have no control over special assessments.I wish the investments turn out well for you!

I would sell that property in IL and chalk it up to a learning experience.

I appreciate the condo board’s efforts as a unit in a predominantly o/o complex is worth more to other o/o buyers, but it has to limit my buyers.  

Hi there,I own a handful of longterm rental properties in Chicago and have sat on an HOA Board for many years.

So I started creating an on boarding system where I have recorded videos and documents and protocol of how to run business.

I'll jump on board with the others. 

Get on board folks!

There are several groups that have meetings, check the 'get started' tab up top and look for any that are listed there, plus the meetup app and I am on the board of the local REIA. 

He was chairman of the board for a while before taking over as CEO, and probably one of the most active chairmen as well (so active that it made more sense for him to become CEO).