Nothing ever matches up to that first swing.heh just kidding Congrats LOL - or the first time casino gambler who walks out with $3k and chases that high again right into GA!

I am perpetually frustrated with the appraisal process.  It's the same each time:  A sign a purchase contract for an apt building and my lender pre-approves me.  They get bids for an appraisal and select the one with ...

The rates change frequently, sometime 2-3 time in day.

Chris:That is frequently true as there are two street faces which typically have larger setbacks, but the size of the lot and its zoning will tell you just what can be built there.Around here a tear-down goes for land value.  

The only thing that gets publicly recorded here are the Articles of Incorporation (at the state level) and the Declaration (at the county level), which are very broad documents and don't go into individual rules.The By-Laws and the Rules and Regulations (which is the meat of how the HOA works and where you would find things like prohibitions against STR) are private documents and change quite frequently.

I am based out of Bolingbrook but work in Chicago and Oak Brook frequently.

For 2017, those rates are: $0 - $2,500 = 15% of taxable income$2,501 - $5,900 = $375 + 25% of the amount over $2500$5,901 - $9,050 = $1,225 + 28% of the amount over $5,900$9,051 - $12,300 = $2,107 + 33% of the amount over $9,050$12,300 + = $3,179.50 + 39.6% of the amount over $12,300With rentals, you can frequently structure them so that, in the beginning when the interest paid on the loan is high, there is no profit (due to the depreciation deduction).  

So you may be approved for lets say hypothetically $50K loan at a 3.99% APR but in just 5yrs depending how frequently the fed raises rates you could be looking at 6% or more by that time.

Check the filters (you can usually find the full box you left in the closet for the tenant on the day they moved in; frequently dusty and totally untouched way back in the closet). 

However I'm wondering what other expenses have come up, perhaps on a yearly basis (or even less frequently) that I should be considering in my calculations?