This applies even to the 100,001st question about LLCs vs Insurance.I recall a rule here prohibiting responses like, "This has been answered many times.

Keep posting for sure but feel free to reach out directly as well. 

. - Also, Section 8 is NOT what most investors think it is - or else demand would have caused the returns to drop.DM us if you'd like to discuss applying the above to Detroit market:)

The builder offerred $15,000 credit to be applied, however you wished EXCEPT can not be used for price reduction. 

For a condo you can/should check the county assessor for land value  (you would apply the same allocation %, don't use their actual number listed) Also check your HOA documents.

., mix STR with personal use or convert it to a primary residence), depreciation recapture is not triggered immediately but will apply when the property is sold.

.✅ Stronger Tenant Relationships – Being involved directly allows you to build rapport with your tenants, which can lead to better communication and longer leases.Cons of Self-Managing❌ Time-Consuming – Dealing with maintenance requests, late-night emergencies, and tenant disputes can quickly become a second job.❌ Legal Risks – Chicago has strict landlord-tenant laws.

Sounds interesting.Hi Leah, as you might imagine, most of the benefits focus on individuals and properties directly impacted by the disaster.

As you may have found in your search, there are lenders that will lend up to 80% of the appraised value on investment properties and don't require an appraisal.Let me know if you'd like me to point you in the right direction.

If you need further help, DM me and I’ll point you in the right direction!