One report I saw said that something like 80% of the ADUs built were to house parents/children of the homeowner and were not being rented out.

I’ve bought my primary with various Schedule C income and refinanced a primary with lots of schedule c and a number of properties (mostly owned in LLCs but reported on my personal return).

Florida’s a great market, so if you need tips or guidance, let me know—I’m happy to send you an example of the report I created and the article I wrote about this.  

I am going to try these out and report back once I talk to them to make sure they are legit

I’ve seen reports that MLS searches for 66214 are up 99% YoY from 2019.

.✅ Thirdly, in regard to objectionable tenancy and nuisance caused by disruptive tenants, you will need to document these violations with undeniable evidence.Because police reports are not usually able to be procured due to disturbances like drug trafficking or domestic violence, you’ll need to take matters into your own hands on producing that documentation.I recommend getting security cameras installed in all common areas and outside your properties.I’ve used SimpliSafe security cameras but you’ll need to install WiFi service at your properties so that you can maintain recordings in the event of violations and add to your lease that any tampering with said cameras constitutes a lease violation as well.This is still developing and once we get further clarity, we will host a round table with legal experts on how to best protect our properties and residents.

Interview a few PMs, ensure they align with your goals, and stay involved by reviewing monthly reports.

What Chicago City inspection report did your realtor find? 

My reports don’t always ‘kill the deal,’ but they do shine a light on critical information investors may not be getting from their team.

Set clear expectations with them upfront—weekly reports with photos, videos, or virtual walkthroughs work well.