It's a completely turn key property, the sellers are transferring their profiles over on all of the booking sites, all of their contacts etc...

I'm going to run some details by you and I'd like all of you who feel you are qualified to advise me so I can learn how to properly analyze these deals and be more cognizant of potential pitfalls/mistakes:So, I found this property off market in a Chicago real estate investment group.

Currently have a 24 year tenant, who has agreed to a new 3 year extension, where they take care of all utilitites, lawn service, snow removal and minor maintenance up to $400. 

My advice, don't go for a homerun, a base hit is just fine.. buy something solid and get educated about your market.Its sounds like you are spreading yourself a little thin with all those markets to study. 

That particular redemption period is only available to owners where all the statutory requirements are met.

I would do your research and ask these property management companies how all their fees work.

Give Mexicans wine grapes and they break all the rules that European wines place on their grapes- mixing certain wines is prohibited in Europe, but in Mexico it’s an opportunity for creativity.

I just want to have all information down before going through with this. 

always love seeing others getting into the RE game early in life. i used to be a die-hard index fund investor & have since moved all my $$ into RE. you just seriously can not compare the two. wealth can be built SO MUCH FASTER in RE vs in the stock market. would love to connect and see how i can help you!

While we knew that all hard money lenders are not created equal, and some could be good….we knew from our own experience that using hard money could cause a deal to fall apart by making the process less seamless than we needed it to be.What ensued was a month-long nightmare that tested our patience and threatened to derail everything we had worked for.The lender moved at a snail’s pace, bogging us down with endless requests for additional walkthroughs, appraisals, and paperwork.