Forward to 2023, the tenant is unfortunately moving out.  

Our daughter lives three block from there and we thought eventually she possibly could move in there.

I started with single-family homes and then moved on to condos, typically holding onto properties longer than I probably should.

I've only evicted a tenant through the court system three times in the last ten years, but I remove about a dozen tenants every year outside of the court system, all legally.Any tenant can move out in two weeks.

2.The best way to obtain the necessary permits and ensure compliance moving forward?

Cash-flowing properties will be key to navigating potential volatility in both lending and pricing trends.What to Watch Moving ForwardWhile markets originally priced in multiple Fed rate cuts in 2024, the latest economic data has forced expectations to shift.

@Damini Dutta did you end up moving forward?

At closing you will sign a document that says this will be your primary residence, that you will move in within 60 days and live there for at least the next year.

It’s exciting to hear about your plans to dive into this field, and Chicago is a fantastic market to explore once you move there.It sounds like you’re on the right track with your interest in House Hacking, Mid-Term Rentals, Short-Term Rentals, and the BRRRR strategy.

I believe it's only the right move in specific scenarios.