Refinancing has more nuances than it seems, and so do closing costs.

Those situations go bad more often than not, costing you money and the friendship.

It’s definitely smart to evaluate the tax and cost implications of your funding options.

While living in a high-cost area can present challenges, it also opens doors to creative strategies, like investing out of state or leveraging partnerships.

However, one nice thing about this community is a one-time cost and it doesn't require additional payments.

This lowered my cost basis per lot by 7k.

The cost to do so was 50k to join.

I wondering if I can deduct any of the repair, closing cost and deprecation on taxes. 

.✅ Knowledge of Chicago Rental Laws – A good property manager stays up to date on local laws, helping you avoid costly legal mistakes.✅ Maintenance & Repairs Handled – No more emergency calls at 2 AM about a broken water heater!

Eastmoor and whitehall are good too because of newer home ages after 1940 where you don't have knob and tube wiring and some of the other issues. don't be afraid to look at new construction or ground up new builds closer to downtown. rentals are overpriced in these areas but build costs are low and it can be a good strategy