Gross rent is $1450 per month ($625 for one unit/$825 for the other).Taxes: $1280Insurance: $1400Operating expenses: $725 (Accounting for 50% of rent)Mortgage380PMI0Insurance116Taxes106Vacancy35Maintenance725Total Expense$1,362IncomeMonthly Rent$1,450Annual Rent$17,400Cash FlowMonthly Cash Flow$88Annual Cash Flow$1,056I understand that most target $100 per door, and that would be my goal as well.

It's like choosing an accountant:  do you want an accountant who is knowledgeable about real estate, or closest? 

Has anyone seen success from online advertising, or do  physical yellow letters increase the perceived legitimacy of one's investing operation to a prospective buyer?

I'm meeting with a accountant next week for rental issues regarding taxes, but a lot of the lending is out of his scope.

Originally posted by Account Closed:My concern/question is "Am I stuck with soaking half the rent indefinitely?"

Are there any good accountants in Chicago that service real estate investors?

I and quite a few agents I know have used http://www.creschool.com it's all online.

However they have no savings for repairs, capex, vacancy, or management.I think if you can find homes in that price range in a decent neighborhood, basically BRRRR them without the refinance, and sell at a price which yields >10% ROI after accounting for all expenses, I would imagine you could sell it quite quickly.I doubt you would even need to go as far as finding a tenant or management company.  

The payments take 5 business days to deposit into my account. 

You definitely want to work with a custodian that offers a flat fee pricing structure for the LLC asset and not a percent of account value method.