Portfolio management and enterprise governance are essential as you grow into the next phase of business.

Paying off mortgages is nice, don't get me wrong, but by paying off a mortgage you're essentially making an investment with a 4% ROI, which is pretty poor.

It's essentially like putting the investments in a liability box.

It's also essentially updated every 24-48 hours. 

They removed one statue which stated you could only have one group every 7 days which would have essentially shut down any STR businesses. 

You can easily make way more than $125 a month just being a local guy doing oil changes and light work turning a few wrenches. 

Since eligibilty is often hyper specific to a particular board, it is essential to get direct validation from that entity prior to even touring a property. 

In the end you need to look at your assets, your risk and your insurance and make good business choices based on the needs you have.The Land Trust will essentially offer a few benefits, but for this case the primary benefits would be avoiding the clause and removing your name from public record.

Chicago's north side has been booming for many years, and numerous neighborhoods have rapidly appreciated and essentially been rebuilt.  

I was thinking that I could put up the money on the home and just collect a "mortgage" payment from him.This seems very risky to me because he essentially has no skin in the game, besides having a place that he and his family can live for $350 per month.