Probably the biggest challenges I see are housekeeping and if you need PM, that could be a challenge.

Having a plan to reduce the price or offer incentives can help get tenants in there faster, which is key to keeping your cash flow steady.Overall, you’re in a good spot with that ADU, and with a bit of flexibility in your strategy, you’ll have options that can really work for you in both the short and long term.

Because Chicago is amazing in the sense that it has prices at all levels and tons of old inventory in need of renovation (if you want to renovate).Networking in person was the biggest help for me to get started. 

@Lucas Miller I'm sure he is, but that's giving him a ticket to find his biggest fanboy or fangirl and having me talk with them. :)I'm looking for the unsolicited opinion of someone Lane himself wouldn't call on for their experiences (I'm big on listening and chatting with folks), just to get a sense of what deals they've gotten involved in and how they've gone so far.

Given the Fico on this deal, this is probably the biggest lever you can pull to reduce the total costs.

What terms or incentives would be appropriate to attract investors for this timeline?

@Jose QuinonesOne of the biggest mistakes I made in investing was not thinking of exit strategy.

The biggest thing right now is to stop putting up mental blocks—you can achieve success as a mom of 3, but it’s crucial to push past the mindset of failure.

The biggest issue is the house is worth what comps say it is.

The battery and molestation charges are, of course, the biggest concern to me.