Hi does anyone have experience with providing direct STR stays (so not through Airbnb or VRBO) and charging, collecting, and remitting the local Chicago hotel tax?

Contact the listing agents managing broker immediately and if you don’t get a satisfactory answer immediately contact your state and local real estate boards.

To maximize your investment, use financing options like FHA or conventional loans, analyze deals based on cash flow and cap rates, and network with local investors through REI meetups and BiggerPockets.Good luck!

Hoping to find a local community to get involved with, maybe through Bigger Pockets. 

If you are considering looking in that location, I HIGHLY suggest you connect with a local expert like @Josh Green

If you’re comfortable with the process and local regulations, new construction might yield higher equity, but for simplicity, an existing duplex is safer.

Hey Manny I am local to salt lake city would love to connect

you might also have-local registration fee or business license or similar-shared utilities that the owner is responsible for

You could arrange to have your cleaners accept the deliveries at the property or hire a local handyman to do same and even assemble furniture.

They’ll have insight into the local market and can help prevent you from buying a deal that looks good on paper but isn’t ideal. 3.