In this case you can do up to (6) residential units and (1) office space...but that is the cap. otherwise 4 units is the most you'll be able to build.

You can create custom maps to mark areas of interest, track properties you're considering, and note key amenities like schools, shopping centers, and public transport.

Hey Alex,There's still plenty of stuff for sale here under the $100k mark, just depends on what your strategy/risk level is.

The best way to build relationships with cash buyers is to establish yourself as an authority in this space.

I suggest checking out some of the local Chicago meetups:  https://www.biggerpockets.com/forums/521-real-estate-events-...I'd also recommend setting up some coffee meetings with some of the TOP TALENT in Chicago: agents like @Jake Fugman & @John Warren and property managers like @Mark Ainley & @Krystyna Schexnayder and lenders like @Jose Valdovinos & @Zack Karp.

Quote from @Mark Miles: Quote from @Zachary Engen: I just got 2 airbnb up and going last month and I have a property manager, he also gets MTR insurance bookings.

We have a lot of investors that rent space  as Airbnb (limited to 400 units)  and room space to students from a local ministry school, as well as others looking for more affordable options.  

I’ll just start out by saying I’m not a fan of syndications and own a number of single family rentals just to mark my position from the outset;  but the answers as to “why” may provide enlightenment to you, so I will throw a few out for your consideration.., some of which you mention, so it seems you must be aware of them.As an investor, your goal is typically  to maximize your return and minimize your risk.  

Not only did it feel like MFM was knowledgeable and experienced in the multifamily space, but they also teach you about mindfulness, the importance of having the right mindset before taking on anything in life.

That install was done over a Pergo underlayment but the home is on a crawl space.