The latter is what a typical marketing agency would charge, and they would provide and build you the CRM for free.

Hi There - We have had several clients make the numbers work here in Chicago typically with either FHA 203k and home style renovation loans.I continue to remind everyone that a single or walk right now will be a double, triple, or even a home run down the road. 

Home values typically fall between $150K–$200K, which provides a solid balance of affordability and appreciation potential.

Taking a boiler plate contract is not going to be helpful as they're typically customized to people's needs/wants.

@Steven DeHart the meet up is typically at Walk Ons and starts at 6:00 pm.

For example Avondale typically has 2-4 units for sale with 2/1s at $1200-1600.

Typically, you want someone whose skill sets compliment yours, not match.

I would imagine you're capped at 70% LTV to make the DSCR work at whatever threshold that lender allows (typically 1.00x) or maybe it's a credit/FICO issue. 3% in origination also doesn't seem too far off depending on the loan amount.

My wife and I used to do flips in this area, and I have a couple listings along with long term rentals I manage in the area..For the co-host, they typically do not handle permitting and other items like that (this can be agreed upon between you and the co-host.

On top of that, our STR management company now oversees more than 90 listings under the Cozy Co-Host banner.My wife and I have transitioned from the typical 9-to-5 grind to achieving financial freedom as business owners and real estate investors.