And I actually think I have as much fun finding the deals and seeing the transformation of the houses we do as I do collecting the rent checks, that it would be really hard to give that up. 2) How many of those do you have paid off, if any?

I can't tell you how long a conversion process will take, but I can tell you that their building department is not fun.

Since it's winter, it could be a great deal longer. 

Christmas is still open as well.We don't get a ton of bookings in the winter other than the holidays and even then not every year.

Morgan Form National Landing JVVa. lawmakers remove Alexandria arena from budget dealAEDP-Development-Map-Winter-2020.pdfThanks for reading my Thesis on investing in Alexandria City for long-term rent growth and home price appreciation.

We’re based in Indianapolis, and during the winter months, we transition some of our STRs to MTRs to try and keep up occupancy rates.

Bloomington has milder winters then we do up here in Chicago, but still gets snow and cold, which takes a toll on the property.  

The market seems to have a lot going for it with the beach, the lively downtown, the historical appeal and the night of lights draw during the winter months.

And it’s definitely not passive for me or most.4) I’m in REI because it’s fun, thrilling, and meaningful, and hopefully profitable.

Scaling is fun but the more you add the bigger the risk is.