Are there any specific clauses I should include in a room-by-room lease for a shared living space?

Feel free to reach out for any specific questions!

I love that you have specific goals for 2025 - I believe if we think it, write it, say it, and share it our goals are 10x more likely to come to fruition.Are you able to do option 2 and just house hack a 2-4 unit building and use a renovation loan which allows you to put down 3.5-5%I highly suggest getting to some local chicago meetup groups (we have an in person one on the 17th)...here is BPs list: https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a full list of the chicago meetups that I can share with you too if that'd be helpful.

The bank institution we partnered with offers a bi-annual administration fee of $450.00 USD + VAT (16%).I’m a Mexican Realtor working alongside a Master Broker with a presence mainly in the Southeast of Mexico and the USA, specifically in NY, Miami, and Orlando.

Have you considered specific local market conditions?

When you invest, it is a good idea to have a 5-10 year hold horizon that you are planning for, not just looking at the immediate situation in an area. 

Specifically I am trying to figure out the best vehicle through which to conduct our REI.

Quote from @Emily Gowen: I only recommend investors sell when they can move the money to a better-performing investment or when the sale moves them closer to a specific goal.

That being said, this depends on your overall financial situation.

The challenge we're facing is the lack of short term rental data for the appraiser, and we won't know if it will meet the debt service coverage ratio (DSCR) requirements until the appraisal is complete.Has anyone dealt with a similar situation?