If you’re weighing options in Chicago or have an eye on emerging neighborhoods in that city, I can get you in touch with someone who knows their way around the Windy City’s rental regs and local quirks.

My tenant just notified me of this in November and they first started noticing it back in May (eye roll lol).

Keep an eye on the STR regulations, and as you progress, consider diversifying your portfolio with other asset classes like commercial or single-family rentals for added stability.

If you need eyes and ears or want an opinion on a specific property, I am always happy to assist. 

Looking to build a boots on the ground team that can really guide me in the right direction and be my eyes and ears.

Not only am I sorry you lost money but it gives a black eye to us legitimate lenders everywhere.

Looking to network with local investors, etc...will definitely keep my eyes open for any local meetups!

Median home values are $170K range, Median rental income $1,275, YoY home value growth 7%, YoY rent growth 7.93%, Rent/price ratio .74%, Population 117K.I also have my eyes on Watertown, NY; Warren Robins, GA; Gulfport, MS; Knoxville, TN, Rocky Mount, NC & parts of OK.There are plenty of options out there --- hope you find something that fits your buy box!

I also had the co-host look at my underwriting for a 2nd set of eyes.  

Any way good luck with it.. sounds like this company's eyes were way bigger than their stomach.. to scale on scattered lots is pretty tough logistically and I guess we are seeing that play out.