Problem working with regular buyers is you take them all over the place and can only take one out a weekend at a time unless using a bus tour,etc.I focus on commercial and not residential but I know it pretty well.

However, Montgomery County as of yet has not updated their forms or website, included the landlord/tenant handbook and they are still not enforcing.

Do I initiate a lot of the updates/questions?

If not, negotiate to buy it, get future cash flow secured, & take the next couple months to do the updates in between guests then get updated photos.

Hi @Keith Williams just curious if you have any updates and do you recommend Zi-Find ?

In addition to a voucher, we require that the tenant be able to show income at least 1.5 time the monthly rent, as opposed to our regular tenants who must show 3.5 time monthly rent.

We simply include the tax on the invoice sent to guests, which makes it easier to track and ensures we're covered for tax purposes at the end of the year.For Chicago, I’d recommend checking directly with the city’s tax office or a CPA, but generally, you’ll need to register with the city, collect the hotel tax from guests, and remit it on a regular schedule (likely monthly or quarterly).

Life is busy with regular work and a few kids, so just looking for any way to maximize our time where we can!

Regular maintenance updates from your property manager—such as quarterly reports outlining requests, costs, and resolutions—can also help you stay informed and track spending trends over time.Building relationships with local contractors or networking with other investors in Cleveland can also be valuable.

Thank you for this update @Sherylyn Holden.