You mention multiple states in your title, such as Indiana and Illinois.When choosing a professional, make sure they understand multi-state taxation in addition to real estate taxation.

Super helpful to understand a topic I am just getting read up on.  

It's essential to understand the extent of the damage and the quality of the repairs.- Structural Integrity: The main concern is whether the fire compromised the house's structure and whether repairs were cosmetic or structural.

I understand there is no magic bullet and am not seeking one, just curious.

Recently started listening to the discussions on the BiggerPockets podcast.While I value the knowledge gained from these sources, I'm eager to expand my understanding further.

It's a little hard to understand where you say "the owner needs a steady income" who 'the owner' is. 

For example, I have been informed from a couple of banks that even though my current Airbnb totally offsets the mortgage, they will not take the income from the property towards the DTI calculations but rather take the gross income from the Taxes filed and consider the mortgage amount as an expense, which was hard to understand.

The odds are slim but the victory would be huge. 

I don't understand what your saying but I'll give it a shot.

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