@Paul Washington I've heard of other investors doing it.

Hey @Henry Lazerow - I would tend to agree that most of the NW side of Chicago 2-4 units don't play out perfectly well for BRRRR deals.I always looked at any potential house hack vs. having to rent - if my overall payments were less than the rent I generally considered that a win.For me...the house hack is just the ticket into the amusement park and then the fun rides come after...getting started can be overwhelming and hard so I can see why people might take a discount.I think one of the keys to strong equity creation is square footage creation which is basically what you outlined with duplexing up or down.

Investment Info:

Single-family residence fix & flip investment in Portsmouth.

Purchase price: $240,000

Cash invested: $180,000

Sale price: $789,000

3 Story Victorian build in 1900

In our state (Washington) you must send the lease non renewals 60 days in advance and they have to be served (posted at house and mailed).

I happened to be looking at Monday's houses briefly only because a friend asked me to comp one property's value for him (because I've got mls access as a broker and he just wanted a quickie comp) but I stopped there so I don't know about this one in Shorewood you mentioned.As far as the suburban counties, as you may have noticed, the more well off parts of MKE Cty aren't very well represented compared to the less well off areas, so when you look at the other counties (like the Waukesha Cty sheriff has a running listing of the next maybe 5 or 6 weeks of auctions on their website and each week there's usually 10 to 20 TOTAL each week and quite a few will be in the relatively few not so well off areas of the county and you'll be hard pressed to find many in Chenequa, the most expensive community in all of SE WI) Ozaukee has very few as well as Washington County and I'd guess its the same pattern there as well, but you'll have investors in all of these counties who are watching them. 

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

It’d be a good idea to talk to a few builders to get a better idea of costs per square foot.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

The top area choices for 2-4 unit multifamily investors have been:Valley Stream & Port Washington: 14 deals, respectivelyLong Beach: 11 dealsLynbrook: 9 dealsSuffolk CountyLike the Bronx, Suffolk, too, saw a 43% increase in 2-4 family inventory.

In our state (WA) the tenant is responsible for pest control (as long as it was pest free when you delivered it) for SFR and the landlord is responsible for multifamily.