Focus on job/population growth, zoning laws, and property availability to make the best choice.Good luck!

https://www.hudsonvalley360.co...That's Hudson's current law regarding BnB's.

Get sued on one get sued on all.Recently the Illinois legislature gutted most of the protections that made an LLC a desirable entity choice in Illinois.As of January 1, 2025, several new Illinois laws have come into effect, impacting Limited Liability Companies (LLCs) in various ways.

availability of multi-family 4. ability to write my own contracts(Go off market) 5. landlord tenant laws etc......and some others.If you plan to hold long term, think of what would be most important to this type of investing i.e All the best! 

If someone stays at a property for 14 consecutive days or more, they could potentially be considered a tenant under state law, even if their stay is structured as short-term renewals.If the individual is classified as a tenant, landlord-tenant laws would apply, meaning you may need to follow formal eviction procedures to remove them.

This can help avoid triggering the due-on-sale clause.Disclosures & Compliance – Illinois has strong consumer protection laws.

You could also check out options like Cozy or TenantCloud for similar features.When converting to LTR, just keep an eye on local rental laws, lease terms, and any rent control rules that might apply.

Lessons learned about PA landlord tenant law. can only collect one month rent value as security deposit or else judge makes you give it back.

Learn local landlord-tenant laws, FHA and VA loans, and property management software to streamline rent collection and maintenance.

This will help attract more business to the state, keep it coming!