With the massive increase in STR properties in the US, I am hopeful that lenders and appraisers will evolve to apply income/exp metrics to STR deals specifically, on top of generic property comps.

As mentioned above, they specifically allow this.  

As a builder/investor myself some of your estimates seemed a little off to me, but those can be very market specific so its hard to say. 

In most states, Airbnb rules are city and county specific.

DSCR loans are a great option for investors looking to scale their portfolio as they are property specific and allow you to close in an LLC

That was the only production schedule I was given even though I specifically earmarked the buildings I was purchasing in the project.

We provide a complimentary property-specific analysis for investors exploring the benefits of cost segregation.

Let us know how it goes.I provide my screening criteria on my website, and I encourage applicants to screen themselves before applying so they don't waste my time, their time, or their money.

Additionally, lenders may require a release price (a specific amount to pay down the loan) for each property sold, which can complicate the strategy.It’s worth discussing these details with a trusted lender or mortgage broker to ensure the plan aligns with the loan’s terms.

- Are there specific areas of Chicago that you are more interested in than others?