.- I would highly suggest you plan on using a property management company.

I liked Ron’s 20+ year asset/construction management and investment background.

@Lindsey Matejak we manage a lot of apartments in Berwyn and Cicero where the 2023 flooding happened.

Tenant stopped paying rent before 2 months of the lease expiring, property manager filed for eviction process but tenant vacated the property before sheriff served the notice.

STR Property management is common and I know a lot of folks doing this.  

Get a job in property management.

It is also worth noting that property management is often closer to 30% of gross rent for a short-term rental due to the much more intensive hands-on management compared to a typical 10% for long-term and as such, I agree with recommendations above that medium term rentals may provide the best of both worlds if you are able to tailor proximity to a local need, e.g. hospitals and travel nurses.Again, happy to relay my personal experiences in the area if you're interested.Best of luck,Patrick

Hey Barbara, I have a property manager I can recommend for the LAIC service.

Spending a ton on property management doesn't seem like the best move.

If something breaks, the management company fixes it.