The one thing to consider is that IL and NY are both not landlord friendly states.

Quote from @Michael Poloncic: Three individuals signed a lease together, all friends, the lease is set up where each of them are expected to pay 1/3 of the rent.

When someone wants to send you a referral privately, they are probably sending you a friend that pays them a referral fee.

I was just telling my friend today that I'm getting multi-family, high performance, and relationship mentoring all in one package! 

My current flip was bought from a wholesaler in a partnership with a builder friend of ours who has his own salaried framers, roofers, plumbers and electricians.  

To all the wonderful BP friends!

Your choice should align with whether your goal is quick resale or long-term rental income, and you should consult lenders who specialize in both DSCR and rehab-friendly options.Best regards, Stevan

We’re in the exact same boat my friend.

We have rented the long term unit to family friends for over a year and the bills were always reasonable.

Hi @Michael ElliottWe have financed about 15 STRs in Encore for a client and I have another friend buying the second largest unit and the largest lot there.