I would love to hear some thoughts on this and what are the recommendations to make this a sustainable investment strategy.

You could ask that they put a year or so of savings into a separate account on which you have view access or receive a monthly statement so you can see they have the ability to pay future rent.They aren't going to last without other income or savings with income at 1.25x rent.

I will be there, although can not make to this Nov. meeting.If you are in the KC area on the 10th of December, join us at the MAREI meeting at the Double Tree in Overland Park.

@Jonathan ChanDavid Greene's The One Brokerage will do HELOCs on investment properties.Not affiliated, have worked with them in the past.

The only reason I've heard of Morris Illinois, is beacuse our family used to drive to central Illinois to camp and boat, and Morris is directly on Route 47.Are you currently investing in Chicago or near you in Joilet Account Closed?

Our aim to is make the investing journey more enjoyable by sharing direct feedback about what’s happening on the ground, actionable investing intel, real estate references, among other things that make investing not seem soo alien, tedious, worrisome, or out of reach.

He has done great work on my properties.

Gratz on heading there.Do all of that and I would meet the neighbors for sure.

Hi Thu, self-managed STR owner in the California High Desert and realtor who has helped several clients purchase properties for the purpose of renting on a short-term basis.General questions pertaining to the overall STR landscape should not incur a cost when directed at a PM/co-host.

Analysis of properties with positive cash-flow based on market analysis of rents.