Are there any specific clauses I should include in a room-by-room lease for a shared living space?

I love that you have specific goals for 2025 - I believe if we think it, write it, say it, and share it our goals are 10x more likely to come to fruition.Are you able to do option 2 and just house hack a 2-4 unit building and use a renovation loan which allows you to put down 3.5-5%I highly suggest getting to some local chicago meetup groups (we have an in person one on the 17th)...here is BPs list: https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a full list of the chicago meetups that I can share with you too if that'd be helpful.

Quote from @Steven Catudal: Hi all,My partner and I are looking to buy investment properties in Alabama, specifically Birmingham.

Without know more specifics, I'd suggest selling what you have now and investing in properties closer to where you live (and pursue 1031 exchanges).

It appears there are still opportunities to buy good properties in decent areas, though I’m sure it’s important to be very specific about locations.

I’ve never had this specific issue but mistakes like this are pretty common. 

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

- Usually a 5 unit with a boiler means that all the units share the boiler heating system.Which specific utilities in which units are paid by tenants vs shared?

In many cases bigger banks or lenders have specific programs that cater to first time home buyers and investors. 

I'm glad to see there are possibilities to invest remotely.We are considering a future project in the United States, specifically in Florida, Texas, or California.