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?

When I call the most seasoned person Allan Howell he gives me great info but doesnt know the specifics. yet you call others and they know it like the back of their hand.I have learned a lot from this process and am grateful for so many members commenting on my posts and helping me learn more about being an investor.

@Michael ElliottSolara is just one of many resort communities that are specifically built for STR.

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.

You can write the best guide but people want information for credible sources so you might want to clarify all of that or it might be an obstacle all along.3.

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

However, you have to invest in specific communities where they are encouraging development.

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

Syndications in general are a form of speculation  hoping luck is on your side with a specific market, a specific project and a specific syndicator.