@Kyle Kulhanek To retitle your Chicago condo into an LLC for liability protection, start by forming the LLC with a clear operating agreement outlining ownership and responsibilities.

The market is TOUGH right now for LTRs and STRs.Hope this helps - we are trying to protect you.

I was a southern CT resident for 15 years and own a rental property in Trumbull CT as well.

. :)This is especially true if you rely on furnishedfinder.com as your primary lead source (which you shouldn't, but that's another post) as when you make that connection with a prospective resident, you are selling yourself as a landlord as much as you are the property as a place to live.

I think we have the option of taking out a heloc  and begin to invest elsewhere.The other idea , that I was thinking is paying off our primary residence which we owe 425k.

Investment Info:Single-family residence buy & hold investment in Valdosta.

Tyler,Due to the property no longer being a primary residence (both units are rented) the best terms on a cashout refi will be 75% LTV.

I was just looking into this, and it seems that Oakland will only allow ADUs on properties with a single family residence (not multi-unit properties). 

My names Charles Aiello, upstate New York resident (Rochester NY).

Been a lifelong resident and investor here since 2009 Ill send you a message