Here’s a bit of background on my current situation:I own one rental property that generates $1,900 per month in rental income, and it is paid off ($300K).My primary residence is also paid off ($288K).I’m currently building another rental property with cash ($200K).

I’m having trouble determining the correct monthly rental rate for my property.

Happy to chat about the FW market, we have several investors in that area with various results using LTR/MTR rentals.

lol It says RENTAL HISTORY not PO Box history lol. have you been able to physically talk to the applicant on the phone?

@Blair Ross Jr depends on how much experience you have with investing in rental properties.

Before I invest in furnishing the unit I was curious about how much demand there is for mid-term rentals in south Denver.

I buy to rehab and turn into rentals so Pinson, Pelham, Bessemer are a great fit for the areas and returns I'm looking for.

My primary is a 2-family also and I use turbo tax for that and my other rentals. 

Here's the City link for you to reference. https://www.chicago.gov/city/en/depts/doh/provdrs/homeowners...1) ADU regulations specifically exclude Short-Term Rentals so don't do it if the intention is to short-term rental. 2) The ceiling height oh 6'10" is almost guaranteed to trigger digging a basement if you want to formalize as an ADU unit, especially if that height is further reduced by pipes or HVAC. 3)Ingress/egress is an issue for renting, as is that any bedroom also will need two (ie operable window/doorway).

You will build up cash on a monthly basis that could be used to invest other places either rental properties or the stock market.