Keeping detailed records of your time spent on property management tasks is crucial for documenting your eligibility for REPS.

Keeping them off market isn't in the best interest of the seller the agent is working with.

Keep in mind that most association fees are not capped and they can rise significantly over the years. 

Thanks Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

Wayfair pro line has excellent light fixtures and other items, that would look great in a STR rehab and help keep costs down as well. 

Quote from @Marcos De la Cruz: Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

However, I have a few concerns:Pros:Living condition: 1400 sqft → 1700 sqft with some boutique featuresThe rental market seems good in this area.Another property is added to my existing real estate portfolio, which currently includes two other properties.Cons:Interest rate: 7% - No guarantee of decreasing the rate, which means there might be no opportunity for refinancing in the future.The current home is too new to be rented out.People often say not to buy property in Chicago due to high taxes and low appreciation.There’s no necessity of moving since I have a decent primary home.Any professional advice would be helpful. 

@Andrew BoscoYes, the rule is that foreigners can't own land, which means that, in a condo building, foreigners can't own groundfloor condos.

Keep checking those toilets!

Currently trying to isolate a market to settle into and focus on while figuring out why nothing seems like a good deal even though I keep hearing there are deals in every market (i.e., trying to figure out what I'm doing wrong while analyzing properties).