Estimated monthly expenses:Moorage (rates vary)Electric (rates vary depending on usage)Propane for heat & cooking = $10 - $30Fuel (rates vary depending on usage)Estimated annual expenses:Insurance (rates vary) $100+ per yearHaul out and bottom paint every 1-2 years = $2000 Replace zincs, dive service hull cleaning every 4-6 months = $150-$600Engine maintenance, tune up, oil change = apx $400 (rates vary, required services vary)Registration tabs = $80 - $140Let me know if you need anything else!

I checked cook county assessor and treasurer's websites and it's odd enough that the PIN was classified as multi unit (code 211)  and then got changed to single family less than 999 sq (202) around 2019.My questions are:1.

Something else we discovered during our purchase inspection was the property had an "abandoned" chimney that was once used in the kitchen (we think) for cooking.

Fire can do a lot of good things, it can cook your food, it can heat your home and your water for bathing, etc.

The side of real estate i'm really interested in is rental income properties, passive income would go nicely with what I currently do for work and would be nice to own a handful of units to sit on and possibly become a full time landlord overtime(I know, its always too good to be true.)However, the issue is that there's really no good multi-family properties around me for sale(I live in the chicago land/cook county for reference).

Hello BP Family,I have a potential house-hack deal cooking.

I currently own zero homes but I am cooking up this crazy plan.. and I need to know if it is actually crazy or a viable option, or to hear an entirely different perspective. 

I agree with Marc both on having a landscaping company replace the vegetation and having an attorney review your lease and this situation.

Well at least if you talk to an attorney, make sure you get one that handles security deposit issues all the time in Cook County.

If the tenant has a cooking accident and ruins the hardwood floors, countertops and glass cook top, who will pay?