Quote from @Nicolas Tow: I recently purchased a 3,125 square foot empty lot in the 27th ward area of Humboldt Park Chicago and I was wondering how difficult it is to re zone from RS-3 to RS3.5 or RT 4.

Just be sure to research your target markets carefully to maximize returns.

3) I am aware that the rent must be market rent, I do wonder if using the 1031 transfer to buy my in-laws property and then immediately renting it back to them would raise any red flags.Thanks

Without too much detail I had to quit my W2 job 2 years ago to care for my disabled son and my wife is still working.

As everyone said, 20% is fair for a manager to take care of a STR.

Similar for pets.Especially in the city of San Diego, I would be careful about violating the tenant protection act.

I subscribe to PropStream and Flipster and was wondering if either of these sites you use or you prefer a different program to find distressed properties and generate lead lists?

However, with your high W2 income and your partner’s weaker credit and cash flow, you might need to structure the agreement carefully.

We are considering investing, wondering why you regret the deal??

I'm not going to continue arguing with you about this on this thread because quite frankly nobody here cares if we are being honest.