- Community Insights: Sometimes, neighbors or local real estate professionals can offer background information about the property's history and any significant incidents. 

I'd love to share some insight I have gained in that regard from my time in Austin. 

@Kelly Schoeppler my approach is to add the subletting tenant as an "additional occupant" and continue to collect rent from your current tenant.

-Save an additional $40,000 over the next 8-10 months to put a down payment on our future primary residence.That's it.

You mention multiple states in your title, such as Indiana and Illinois.When choosing a professional, make sure they understand multi-state taxation in addition to real estate taxation.

I am not sure most on these forums would understand the differences (learn more: https://www.chathamfinancial.com/insights/interest-rate-caps...).  

$135 a foot and an 18 month wait to build and the potential for materials to go up an additional 30%...

And true operators versus marketers posing as operators often have better track records and, because the ones I know are more likely to only find a few deals per year, they have far more demand than supply for their deals.Either way, I appreciate your thoughts and insights.

Come up with plans on how to deal with these risks if they come up.Connect with local real estate professionals, Airbnb hosts, property managers, and investors to gain insights from their experiences.

Additionally, I would rather not use a significant amount of cashflow to factor in the return to the outside investor.