Additionally, if the house needs a fair bit of repairs would such an investor still be interested?

In addition, your loan is typically amortized over a shorter term… often 20-25 years, instead of 30 years like a typical personal mortgage.  

Some guests are clean, some messy, and they have never asked for additional money for the messy ones. 

Can you provide some additional information pertaining to your real estate investment goals?

In addition, the windows are probably 30yrs old so from my understanding I might as well replace those as well which is another 15K out of pocket.ORDo I use the $$ and replace the kitchens which are very out-dated, which I CAN raise rent for.No this is not unusual.

Hi, looking for recommendations for a CPA in the Chicagoland area, ideally if they specialize in real state, additionally, I’m starting a GC company, so any experience handling taxes in this scenario would be a plus.

I tend to speak to real estate agents but do not put as much weight to many as they have more of a bias in regards to markets since its in their best interest to get you to buy or sell.

Yes made a few great additions to my team.

This can give you peace of mind and start investing inside of a business entity.Please feel free to reach out if you have any additional questions.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

I seriously doubt that a tenant running a business on your property would not expose yourself to additional liability.