Plus, investing in hurricane-proofing and key upgrades should help long-term durability and reduce major CapEx surprises down the road.Since you're aiming for a BRRRR-style approach moving forward, are you looking to find value-add multifamily deals in Maryland, or are you considering other markets?

I'm always surprised how expensive Portsmouth is by comparison.May I ask how much you plan to DIY the property management? 

Airbnb.org, the nonprofit arm of airbnb.com, offers hosts options to assist with emergency housing in times of crisis, such as the 2025 Los Angeles wildfires.

It seems that rent has grown faster than jobs, and its hard to keep up with the rent at rates like $1400 in that area.From looking at crime, that neighborhood was lower than all of Westland, so I am surprised to hear its so bad.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

As @Tom S.eluded, I wouldn't be surprised if there are major issues to be uncovered.In addition to construction costs, there will be additional filing fees and architect/engineer expenses.I'd be happy to recommend a contractor, shooting you a DM now.Best,Abel

You will be surprised how many fall out deals I see from new and experienced investors that try to shop it based on rate and fees. 

.✅ Stronger Tenant Relationships – Being involved directly allows you to build rapport with your tenants, which can lead to better communication and longer leases.Cons of Self-Managing❌ Time-Consuming – Dealing with maintenance requests, late-night emergencies, and tenant disputes can quickly become a second job.❌ Legal Risks – Chicago has strict landlord-tenant laws.

Navigating these delays and organizational instability proved to be immensely challenging.In my own investigation, I discovered that Farraway SG emerged as the new entity managing the loans, with its LLC tracing back to Tel Aviv.

I did delist the ad and relisted in approximately 4 hours , to my surprise, the days got reset .