If you were buying a multifamily, you could count income from the other unit(s).

Eric,Ask for a copy of the HOA bylaws and make sure your unit is OK to rent out. 

I used it to assist with my downpayment and costs to stabilize 3 parcels, all acquired at the same time, totaling 9 units.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

We've done a few deals together in this way and currently hold 10 properties together - with an additional 3-unit closing next week.The basic structure made sense for me to get started - my partner provided the cash injection and I provided the time and effort to find the properties, fix the first couple and/or manage the contractors.

I believe that the current 2023 standard city of chicago lease from CAR allows the tenants to smoke inside the unit.

HB262 states:"An Act relating to increases in rent for dwelling units; and providing for an effective date."

I’m interested in purchasing a multi-family property near the University of Cincinnati that my son can live in while renting other unit(s).  

Rental income won't be a consideration right now unless it's a 2 to 4 unit property.  

How much on average per room could I expect for a hotel being converted into a multifamily with 1-bedroom units.