As U.S. citizens residing in Europe, we are required by the local tax code to hold the property in our personal name.

I wonder if you can require them to maintain an umbrella policy?

Hello, can any Chicago lawyers or property managers shed more light on the new flood disclosure requirements on the RLTO?

I like new construction since there isn't any deferred maintenance and the properties should be relatively maintenance free for the first couple years (although it's good to include maintenance/repairs in your pro forma and maintain reserves just in case). 

Options - collect full payment for the 3 months up front and lower the deposit to secure against damages only, require insurance.

There is 1 catch and 1 only that can lesson this requirement.

In terms of material participation for cost seg I'm good there and meet the requirements. 

If local sales support the new value then you should not have to deal with the seasoning requirement.

I don't see it as an issue but many still do, at least in my small town where the majority of renters are elderly people looking for low maintenance housing options.

It also includes managing your existing investment well to ensure you aren't bleeding money due to bad tenants, excess maintenance, etc.