Another trick from investers I’ve worked with is chatting up folks at local meetups who’ve recently navigated the same municipality.. they’re often happy to share how fast or slow things move.

Quote from @La Toya Flowers Butler: I'm a newbie to real estate investing, looking to learn, cultivate business relationships, and invest!  

Read this: https://www.irs.gov/businesses/small-businesses-self-employe...Second, compensation is always issued to the person working.

Hi does anyone have experience with providing direct STR stays (so not through Airbnb or VRBO) and charging, collecting, and remitting the local Chicago hotel tax?

It's also worth speaking with a local real estate agent to identify the best neighborhoods for rental income potential.

Do you have a Facebook business page?

Incredible lessons learned on how detailed the city of Bellaire requirements are, working in the floodplain, balancing multiple projects and scaling the business.

Additionally, the rental arbitrage strategy is not investing, its operating a business.... an extremely risky business.

I've confirmed it with a few other local real estate investors the same sentiments. 

The stabilized properties operate fine without me but the development side of the business requires me 24/7.