Many of them make big promises, then provide very little actionable advice.Second, what you are hearing about is referred to as "arbitrage" where you rent a property as a long-term rental for a set price, then you furnish it and try to rent it on AirBnB for a profit.

My partner and I are eager to embark on our first real estate venture by acquiring a long-term rental apartment in downtown Chicago.

If they are good, they should be absolutely definitive on rate, terms, costs, etc.

Now, I have a portfolio of Short Term Rentals and Long Term Rentals.

Can anyone point me towards a private money lender offering these terms ? 

Not buying/selling for others like an agent would do.Think more like get a rental or two or a short term rental to get those hours.

In this case, rates don't matter as much as lower closing costs, since it would be short-term.  

I've thought of many different angels, but still not sure why this project was special/different or offering different terms.   

There are people still moving to TN, which will continue to push pricing up, and while most of the country has seen rents either flatten or go down, most of these markets have done pretty good.Problem is in the short term it may  cause an affordability problem, especially in the smaller markets that don't have enough building.

Contrary to popular borrower belief, the mortgage business is actually more about people than numbers. In the beginning it might be all fun and games with X's & O's and spreadsheets of mortgage quote comparisons b...