Highly suggest coming out to some of the local chicago IN-PERSON meetups! 

Someone called me today (probably his wife) and said Preston has been trying so hard to clean up his image and was upset by this post.

You have to find their problem.There are a lot of high-net-worth people looking for opportunities to enter the hospitality space but lack the operational know-how you’ve clearly demonstrated.

If you meet that requirement, I highly recommend it. 

Also, there is a need in the marketplace for a co-living PM company that doesn't charge too high of rate. 

Despite the fact that the market has dropped significantly both in rent and price, I still think the market should be considered high risk/high reward.

Instead of having to enter personal info and upload an image of your driver's license for each Reporting Company, the Individual FinCEN ID allows you to input your personal data once and then link the Individual ID to your various Reporting Companies. 

Underwriting is highly overrated by new investors.

The good news is that it will still serve as a house hack when we move, as there are multiple units on the property.Our concern is that it is in a high fire prone area.

@Jennie Berger gave you the whole kit & caboodle on Chicago zoning so I don't have a ton to ad, however, I'd highly encourage you to engage an architect like @Samuel Pavlovcik or @Prashanth Mahakali, both are awesome local Chicago resources.