It has taken some fine-tuning of my profile but for me and my market, the leads have been an incredible source of revenue, especially since 2020.

In terms of renovations it really doesn't matter much from a tax perspective.The bigger question is what are your specific investment goals?

If I represent buyers, I like to include my name and contact information along with a sentence that if anything changes after the signing but before the sale, the tenant is obligated to notify me in writing or it waives any of those changes.Buyers might have other tenant concerns that are specific to a property.

@Christina Galdieri  A 1031 exchange is specifically designed for real property held for productive use in a trade or business or for investment.

The #1 reason that landlords fail is due to failure to manage to the lease (Source: American Apartment Owners' Assn). 

If you have any specific questions, I’d be glad to help!

We have specific and unyielding criteria for this, which we provide to all potential borrowers in advance.

In many cases, the $/sq ft value for an ADU can be slightly discounted compared to the main home, but it still boosts overall property value.As far as the specific question about Feliz/Silverlake, maybe reach out to a local appraiser or RE agent who would be able to give you specifics.

- Are there specific areas of Chicago that you are more interested in than others?

@Kevin Waymire I have bought and sold 5,300 units.What specifically are you wanting to know?