After a bit more research, I actually think renting a place will get me started faster and earn some experience doing Airbnb with a little less risk involved.Obviously I still need to be concerned about not violating a lease agreement by doing so and I would likely live on the property and lot or all the time.Ownership is still the ultimate goal, but this looks a faster party to self driven income.

However, in the City of Chicago and some other areas, the Tenant may have a right to cure the violation and stay.Thirty Day Notice If the Tenant is on a month-to-month lease or an oral lease, the landlord can terminate the lease for any or no reason by simply giving a 30 Day Notice.

Be sure to review the legal documents, oral representations won't stand up in court.

You have full flexibility to use none, some, or all of the rehab budget.If you have any questions, I’d be happy to discuss how we structure our loans to best fit each client’s needs.

You should be able to search (if your county has online records) for your tenant’s name and/or all previous addresses listed on the tenant’s credit report.

Here is the thread I started a few months back detailing my experience with Growth Equity Group, Brett Immel, and their cronies.https://www.biggerpockets.com/...Subsequently, I've had dozens of investors come to me directly, many of them having phone conversations with me, stating how they lost most or all of their retirement funds.

Or all of what @Doug Smith said.

I've seen some recent articles indicating that Booking.com is trying to compete more against Airbnb. Currently our primary source of bookings is Airbnb, followed by VRBO. Earlier this year, we were also posted on Book...

In some places you can request an oral presentation.

I've been trying not to reply to so many posts about this, but also need to watch out for rookies to save them from losses.The other thing I don't like is that so many folks interested in this usually have very little extra capital and could lose some or all of their "extra" capital on a bad wholesale deal if they made one mistake.