I own some rentals in Cleveland and Milwaukee and I am a couple of weeks from closing on another multi family in Wisconsin.

HI Sherrie, ADU's are generally a great return on investment..I'd double check the DSCR and FHA rates though...A DSCR cash out client was just quoted the high 7%'s to very low 8%'s and FHA have improved tremendously this past week...on purchase quote today FHA rates were in the high 5%'s..check in with @Joseph Chiofalo Good luck! 

But I’ve talked to 4 lenders this week and none of them can offer me anything. 

Towns like Romeoville, Streamwood, Aurora, and Arlington Heights take 3-4 weeks usually just to obtain a permit whereas I have seen towns like Woodridge, Plainfield and Orland Park turn around permits in 10 days.

It’s not even 3 weeks old lol.

The roof begun leaking this week and has caused water damage to the ceiling of my unit and I notified the HOA of my issue on Monday.

We discussed this and tons of other STR topics in our weekly newsletter for BiggerStays (BiggerPockets STR segment).

I spent about $6k adding my basement kitchen and it took me all of 3 weeks to do.

Most groups travel during the week in 3-5's, and people will rent units together if they have bigger groups. 2.

I'd been working on this article for a couple of weeks, but given the economic announcement VP Harris made last Friday, the timing couldn't have been better.