Background: I'm negotiating on a multifamily in Chicago (3/1's on 1st & 2nd floors, 2/1 in garden).

(if you PM /email me the address I would be glad to pull some data for you)...At a glance, you are completing a renovation on this property, but your expenses are sky high for operations...why would you have operating expenses for a freshly renovated property...and CapEX...logically, your expenses would be significantly lower for things like maintenance/repairs...Glad to assist further

I feel like I’ve stumbled into the secret garden, or an amusement park for adults who buy, sell and trade real estate, services, knowledge and so much more.

Just wondering if I should start fresh with ownership of this house and know everything that's behind the walls or save money and keep whats there there if i can isolate the issue.  

Gardener or sewer/ trash for example (sometimes included in property tax bill). or if your property has any common area utilities, like electricity or water that is not individually metered between the units. 

I also have  a garden and chickens so maybe a little fresh produce could sweeten the deal!

You will only own the land the structure is on, rather than the yard, driveway, gardens etc. 

I also provide picnic table which is much appreciated by the tenants and cost $150.Privacy fences are good too.Inside again it depending on the condition, fresh paint, new light fitting, granite top banchtop @ $600 and paint the kitchen cabinets adds great value.

However if I factor in property management cost and gardener fee, I am in the hole closer to $300 a month.

Anyone have any knowledge on where to go as a fresh investor for funding ?