(2) Variable cost: platform fees from Airbnb and VRBO, lodging/hotel/transit or whatever pass-through tax your local AHJ requires, cleaning fee, cost of replacement for consumables, repair and maintenance, etc. 

This can help avoid triggering the due-on-sale clause.Disclosures & Compliance – Illinois has strong consumer protection laws.

First that you will not go back into consumer debt (credit cards, cars, etc).

From real estate investors to other small businesses, I talk to people daily who have no idea about the potential liability under the Telephone Consumer Protection Act ("TCPA")(47 U.S.C. 227 et seq.).There are two initial issues that can create huge problems with your suggestion.

@Jay Hinrichs says it's the same in CA and OR.https://www.atg.wa.gov/mortgage-and-foreclosure-scamshttps://www.atg.wa.gov/enforcement-actionshttps://oag.ca.gov/consumers/general/foreclosure_scams"IF YOU TRANSFERRED YOUR PROPERTY OR PAID SOMEONE TO "RESCUE" YOU FROM FORECLOSURE, YOU MAY BE A VICTIM OF A CRIME."

It can be time-consuming and challenging if you try to do everything on your own, so partnering with a trusted team can make all the difference.

I have to assess the building codes and modify it anyway, which can be more time consuming than working from scratch.

I do my best to be the intermediate between the consumer and the seller, simply by bringing awareness to a buyer's potential.

The reality is that imposing expensive and time-consuming sprinkler installation requirements will drive property owners to either scale back necessary renovations or avoid permits altogether.Currently, when owners propose substantial renovations, they are often informed that their projects will require sprinkler systems, which can cost around $45,000 for a typical three-decker.

It’s doable, but very time consuming and takes some real personal skills to let sub contractors know what you expect of them and the quality of job they do.