Now on to the hunt for the next one.

Luckily, I did not include this unit in my underwriting when purchasing, so the survival of this property is not contingent on this situation.Continuing to optimize for management of the building when I move out, like moving everyone to online rent payments or adding remote accessible security cameras.Exploring opportunities to expand my portfolio—I've begun my hunt for my next 3 to 4-unit building to house hack, ideally in Lake View, North Center, or Ravenswood.This year taught me that real estate investing isn’t easy, but it’s undoubtedly worth it.

Just need to stat under the occupancy limit.Also keep in mind basement needs to be livable square footage, ie have egress and proper ceiling height. 

Can anyone recommend software which would accept monthly payments (from me to seller) and create proper 1099 forms for tax purposes at year end? 

That can be legally done under the correct situations.You made some serious mistakes in the purchase, that proper training would have prevented.Again, Subto is legal, when done legally and I am not saying you've done anything illegal.The real solution is to sell and pay off the loan.

Provide transparency so neither party feels “tricked” into a deal.Offer tools like secondary markets for token holders to sell their income rights if they wish to exit.The aim is to facilitate fair, mutually beneficial agreements—not to worsen deals for either side.This idea is designed for specific types of property owners (long-term holders who need liquidity) and investors (those seeking passive real estate income without ownership complexities).There are risks, like any financial agreement, but with proper transparency, legal safeguards, and investor education, it can work as a niche alternative to traditional real estate investing.Would love to hear your thoughts on what else might need to be clarified or improved in such a proposal. sounds like you have already convinced yourself this is the next big thing, so let us know in a few years how it goes. 

Take ownership of your mistake and learn to do the proper due diligence recommended above😊Please send us any feedback via email, as we do not use the DM feature here.

However, with proper cash flowing properties, that would be well worth it in my opinion. 

In order for money to go to work it needs to be invested properly.

There is a safety and follow up piece to have the proper information.