Not trying to scare you off, my airbnb trailer was really awesome and was more successful than I imagined, but this ordinance may put airbnbs on ice in this area depending on the type of property.

I also had a lot of issues with a flat roof in Berwyn where the ice actually affected the tuck pointing down multiple walls and caused us a lot of headaches.

Do you consider appreciation "icing on the cake" or part of your investing strategy? 

They are chosen more for their cash flow than appreciation, so the appreciation is the icing on the cake. 

You must first ask yourself what your goal is and what route you want to take to get there.Personally, I am looking for cash flow first and appreciation as icing on the cake.

Owned free and clear and the guy just doesn't really want to deal with it. he owns the funeral parlor next door and the house has been in the family since his grandfather bought it new in the early 1900's.

After spending the next two weeks watching every real estate video I could find, I was determined to purchase my first rental property.By this time, I had been eating free meals at the school dining hall, saving my ROTC stipends, and working three part-time jobs (campus taxi driver at night, finance internship two days per week, and ice hockey referee on weekend mornings).

Two I run as short term vacation rentals and the third was my place, then a long term rental and now I’m debating renovating the long term portion (parlor level which is the main house) since it’s vacant (or selling to someone who would want revenue while making it their new home).

With hurricanes down south, fires up north, Thomas fires and ICE increasing its presence in Los Angeles in 2018.

The icing on the cake is that when you are ready to sell, single family homes sell faster.