Do you have a personal connection to either of those cities/markets?

You must have your personal finances in order before you invest.

In fact, New Jersey law prohibits you from listing personal identifiers on the form. 

What if the person staying at your place signed a contract but their 1st payment check bounced.

Average person can't visualize how to fix it, but you can (create an extra bedroom for example)3.

Personally, I've been in this niche since 2007.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Hey Hey @Veronica Mitchell - The most simple advice is to follow the CTA trainlines.I personally love the South East Corridor of Chicago which has Bronzesville, Kenwood, Washington Park, Hyde Park, Woodlawn, and South Shore.That area will continue to be gentrified because you have the lakefront and CTA trains.Others mentioned NW along the Blue and West along the Pink, Green, and Blue lines.

Additionally, an LLC can make it easier to separate personal and business finances, simplifying tax filings.Quick Tip: Work with a tax advisor to determine whether an LLC is the right structure for your investments.4.

While personal circumstances can vary, it will be a unique situation indeed if $10K in debt should force you to declare bankruptcy.