Quote from @Gavin Souto: brrrr still works it's just not as easy to turn around quickly.

One golden rule I follow,if it takes a long time to fix/replace when it breaks, don't buy a cheap one.Imagine, this thing breaks in the middle of your peak season and the people who can come out to rebuild are 2 weeks out....It takes at least a day or two to build something like this even if you are super skilled.

Some lenders allow exceptions for transfers to LLCs owned by the borrower, but it’s worth confirming first.Explore transfer tax exemptions: Chicago doesn’t make this easy, but there may be exemptions or reductions for certain types of ownership transfers.

I realize I don't have the actual NOI, but that price sounds super high for the gross income you're stating in your narrative.

How easy is it for a Canadian to get their Mexican residency?  

@Mattin Hosh it's not exactly easy to do this.DM us if you'd like to chat about it more...

Simple does NOT mean "easy" or pain free. 

Let me figure out how to connect with you first (still super new with BiggerPockets).I would imagine there is a way for us to direct message?

.- I was scared to drop out of law school In 2021 and go all in on REI, I’m super happy with my decision.Now, whenever I’m scared/nervous, I take that as a sign that I should probably do it, and that it’s room for growth.Yes, sometimes it will be a mistake, but that’s how you learn.4) Value Relationships over everythingGood relationships will bring you more joy and take you farther than being selfish and/or greedy.What principles do you live by?

Conveniently located just minutes from the interstate, this home offers an easy commute to Bangor and Newport, while Etna Pond and its public boat launch are just a short drive away.