You don't evict people unless they are not paying rent, you simply give them notice with the legal amount of time required (which varies by area) to move out-more time is fine. 

This could make your ADR less competitive, but if marketed correctly I'm betting that people might perceive more value, which keeps occupancy at least the same.I'm thinking of a model where you tell guests they have "add-ons included" like grocery delivery, prepared breakfast package, attraction tickets, inner tubes, etc.

New member to this page and would like to connect with newer out-of-state investors.

Now, not so much...As much as people complain about the cost of renting...they should try being a west coast landlord.

$50k / $1300 = 38 months to pay off your loan ... and you get to keep the asset.So many people are financially short-sighted and want immediate gratification, which is why so many Americans live paycheck-to-paycheck.

Take the homerun stories with a grain of salt, but I have found incremental success in my investing career, and I credit the little success to being consistent on the process of underwriting, making connections, and being a landlord.

@Pauline Sabado B-ham has seen population decline, but people I know there advise looking outside the city proper.

Not sure, if this means hiring multiple people (one for appraisal, one for inspection, one for cost estimates)3.

Welcome to BP Richard,These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.

He knows real estate investing and knows Chicago...the 3 day is a great place to meet new people and see if you need the level of coaching his program provides.If it's what people need to get in the game....do whatever it takes!