We have great cash flow here and many different strategies have been working- fix and flips, buy and holds, short term, and medium term are are seeing good results!

The short version is this:  If you're willing to pay (considerably) more for the security of guaranteed rent, they are probably worth hiring.

In the five years we have owned the property, we have started 15 of these 7-day Notice short eviction processes.

@Kyle PascualFirst of all I would get out of stock and sit in cash for the short term the Fed as you know just drop rates by 1/2 of a percent last week over the last 30 years anytime that has happened the economy has been in a recession within 6 months and the stock market has had a massive correction.

The long and short of it, you'll more than likely need an architect to draw plans to do the conversion.

Hey @Devin Bost, it sounds like you’re facing a common challenge in managing short-term rentals remotely.

The assignment and transfer for a free is getting compensated for the sale of real estate without a license, but people have figured out how to get around it.In short, if you are thinking of getting into wholesaling, you have to ask yourself why.

Having been in the lending space for a while now,  Interest income is not passive - its considered/taxed as ordinary income- just like interest you receive from your bank and savings account.Regarding profit and expenses from a flip, "that depends" on many factors but again if its short term capital gains, its not tax friendly.As always consult with your tax advisor / CPA. 

Key Differences: Time Frame: Brand awareness focuses on long-term business growth, while lead generation provides short-term, measurable outcomes.

I am happy to help you with long or short term (airbnb) in Champaign IL.