If you combine the fact that last year was the biggest since 2007 (seems like a familiar year) and that 2020 is on pace to meet/exceed 2019 number in permits approved (also per City of Champaign's discussion of major funding needs here - see page 10 where they expect 20% growth in permit fees through 2023) I believer we're looking at a challenging few years/decades. 

It looks seemless, modern, and beautiful for cheap.

Historically I combined that with the max duration flag because I was targeting weekend renters, but I suppose you could use it for really any length reservation.

The paradox of a modern city.)Washington ParkWell-to-do types in old remodeled bungalows and the occasional scrape and build of a modern monstrosity.

Are they the type to think Airbnb is the bane of our modern existence?

For now, just follow the first sentence in this paragraph.Also, you should have some sort of signed agreement that if he vacated the property for more than say 2 weeks and rent is not paid that you can remove his stuff and...whatever...call a friend he identifies to get it, place it in a storage unit and mail him or a friend the combination. 

I've come across the term Mezzanine Financing, which apparently is a combination of debt and equity.

You get some of the aged inventory that was listed in the spring, combined with the new inventory that was listed in September, leading To some amazing deals in October and November.Plus then you have a few months to do updates to the place at a relaxed pace before high season hits again.

Do you want cash flow, appreciation, or a combination?  

They provide a chart, based on their experience, that gives you per-square-foot costs for each combination (except anything to do with "Custom," since, by definition, it's custom and can't be ballparked).Based on their chart and my (admittedly subjective) ratings of "Standard" finish level and "Remodel" scope-of-work, costs should be roughly $25/sf.