I was aware of the egress requirement, but was not considering the door size or ceiling heights.

Compare other rentals with a similar size, location and bedroom count to get an estimate of what the rent would be while you're living there.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Go to GET STARTED > EVENTS AND MEETUPS at the top of your screen.

The two 4-bedroom units even have two full-size washer and dryers each! 

DSCR or Fannie/Freddie loans can go up to 75% on single family homes, multi family homes (2-4 unit) max at 70% if you stick with Fannie/Freddie.Other things to consider would be:Paying points for a lower rate vs higher rate with no pointsIf going DSCR - Prepayment penalty term (0-5 years)The lower the loan size ($200-250k and lower), you should consider paying up to 2 points and doing a 5 year prepayment penalty if going DSCR.

In Chicago you request a CHA Burden sheet and that gross number minus utility allowance will be what you get in addition to making sure bedroom size is adequate.  

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

This is why it's so important for owners to do a better job of screening PMCs than screening tenants!

So, for OU (open use) they have gone back and forth whether they would or would not allow based on lot size or otherwise a STR in that zoning.