While the standard Chiacago Association of Realtor's City of Chicago 2023 lease is updated and compliant with new 2023 security deposit rates and local ordinance, we always recommend implimenting an additional "overlay" or addendum that helps protect the landlord against many things that the standard lease cannot standardize that many landlords would like to, like no smoking.

So instead of putting 25% down on one $300K new build, I purchased 5 homes with about the same money down (slightly higher due to additional closing costs).

Additionally, you may also encounter unforeseen challenges during the removal of the old home and installation of the new one, which could add to the overall cost and timeline of the project.On the other hand, renovating the existing mobile home to HUD standards with the help of a contractor may be a more cost-effective and time-efficient option.

Acquired on the market, this 4-unit rental needed a full remodel, creating a perfect BRRRR opportunity.

This point of view would require additional research and due diligence to determine what is best you.

For example, if I had $200k in depreciation on an $800k condo and I did with a 1031 Exchange, acquiring another condo, can I continue claiming Short-Term Rental Depreciation?

Additionally, in general, it would probably be good to find out how long the typical eviction takes in your area.

She's also not too tech savvy (neither am I), and doesnt know how to research this stuff very well online - especially for her country.We are looking for help to acquire a short term mortgage to secure our retirement home.

I realized they were a scam.Two days later, they informed me that they would disburse the money again, but I would have to pay an additional $810 service fee.

There's no need for additional house to build etc etc...Also if one is building house, they wouldn't the one that buy it, they would prefer to live in neighborhood that's safe and friendly to them.