While you're double-checking your numbers for the 17th time, a pro already locked up the property, negotiated seller concessions, and lined up financing.The real question isn’t "What surprises new investors?"

Less oversupply with that product type and more renters that were renting the more expensive bigger cabins are choosing the lesser ones because they love the area but don't want to spend as much on rent.We've talked with several long time investors out there and there isn't a one that have held on to their cabins over time that aren't still adding more. 

Hi BP Community!
 
I am looking to buy my first investment property and have heard a lot about  Fort Wayne
As an out of state investor, I am looking to connect with investors/agents in the area to build further knowle...

Consumer prices rose 0.5% for the month, surpassing the 0.3% forecast, while year-over-year inflation increased to 3.0%, up from 2.9% in December.

Does the time and effort behind designing, permitting, and building the ADU count towards the REP status?

I do this all the time, as long as you or the property can cover it monthly you're good. 

If your wife wants to go part time quickly then you want to get that squared away first. 

I know its happened to me many times on props in MS we  had

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

I am the first time rental property buyer.