The South Loop may be a consideration given the new Depaul Stadium & hotel & entertainment proposed for development.  

Many businesses offer coupons and discounts (grocery stores, restaurants, hotels, etc)  but are able to recoup that loss in other ways. 

LOL. there are a few hotels off the highways. 

Yeah its a few bucks to get to them and a night or two in a hotel. 

This isn't perfect; only a first iteration I want to propose so we can start this conversation.I do feel incredibly confident that with companies like Air BnB and VRBO already disrupting the hotel industry; and Uber and Lyft disrupting the car industry we will continue to see tectonic shifts in the way we make decisions on whether to own, rent, or simply have access to essential components of daily life.The current model(s) of housing will have major competition in the very near future.Listed below are some of the major pros and cons with renting or buying and how they could look in a new model:Owning a Home As An Investment: What if living in a community gave you access to some of the profit and loss of the owning company as a whole?

If you go this route you will be able to do a vacation rental, but you will have to pay regular taxes, hotel taxes, and because you stated the property would cost $1.2M market value will most likely be over a $1m putting you in a Res A tax bracket for property tax (about double the regular rate), unless this is in a commercial zoning.  

I found the following with information BREIAMeeting Location:IGFA Fishing Hall of FameMeeting Address:300 Gulf Stream WayCity, State Zip:Davie, Florida 33317Meeting Time:1st Wednesday, 5:30 p.mWebsite:www.breia.comDistressed Real Estate InvestorsMeeting Location:Renaissance Hotel Boca RatonMeeting Address:2000 NW 19th StCity, State Zip:Boca Raton, Florida 33431Meeting Time:1st Tuesday, 6:30 p.m.Website:www.distressedreia.comDade Real Estate Investors AssociationDREIA Main Office 209 NE 95th Street, Ste 7Miami Shores, FL 33138Website http://dreia.org/Did I miss any Local REIA ?

Then 3 little houses, 1 red hotel.  

We're also about halfway through the build of a 500mil+ casino & hotel in LaCenter (about 15 mins north of vancouver on 1-5) that will be sure to help drag more development from vancouver north. 

This past July, every hotel room downtown was sold out for the week when the Republican National Convention came to town. " Forbes...