Location is often your biggest concern with real estate as it’s the only thing you can’t change.

It's a good idea to keep an eye on any rule changes and check resources like the City of Chicago's website or talk to a local lawyer who knows about short-term rentals.

@Dmitri L.Hi guys.. that's great that you guys are getting a meetup going in Tokyo.I'd love to hear how's it going.I'm helping to organize a meetup out here in Seoul, South Korea.Here's a post from our latest meeting:http://www.biggerpockets.com/forums/223/topics/204...If you're interested in sharing tips, resources, or if any of your members are ever flying out to Korea, let me know. 

What is the process for the estoppel agreement, switching the leases into our name, not the previous owner, changing the rent payments to go to our account and not the previous owner?

Two factors that stood out to us was a beautiful willow tree outback and an open concept living area.

She reached out last month to say she would pay 1000.00 towards back rent but only ever send 550.00.

Yeah hope it goes well. ever hear of this happening ?

I want to point out something about what @Theresa Holl said.All those things are very cool and would be nice to offer, but they would constitute significant services which will change your taxable status.So you really have to balance those sorts of special experiences or offerings.

Ive always used conventional lending 20% down 5 years ago I did a duplex and renovated it with plan to brrrr but life changes caused me to not refinance to keep the cashflow high instead.

Once I decided I needed to change accountants, I interviewed John and we discussed my entire financial situation.