However, if single-family homes prove financially viable, I’m happy to continue building in that niche.Since these homes and projects are significantly cheaper than my market, the risk is relatively lower for me and can do at least two at a time.The ChallengeOne of the biggest hurdles is finding reliable contractors and subcontractors in the area.

I own a home which I’m currently living in and planning on making a long-term rental property as well once I move out.

Bonus Tip: If this quadruplex is out of state, I’d highly recommend building a reliable local team (cleaners, handymen, etc.) and maybe consider hiring a co-host or VA to help with day-to-day tasks, especially if you scale up. 

Transparency and reliability are key when working with a lender. 

Have a deal going in Springfield, IL 62702 Any suggestions on a reliable investor friendly closing company?

Your most reliable source for this is a local, experienced investment team.SummaryIf your goal is financial independence, you must invest in cities that meet all the stated requirements, plus an experienced local investment team.

Do you currently work with any property mangers, construction team, or reliable contractors? 

Just make sure to focus on market selection, financing options, and building a solid team—especially a reliable property manager.

Also, if anyone knows of any other background check services that are more reliable please let me know.

Hi Becca,PM charges 8% and I tried protesting taxes, didn't work.As far as renting rooms,that is something I'd consider if the current tenants move out.They've been reliable for many years and I wouldn't feel good about asking them to leave.