Quote from @Taylor Davila: What is the average cost of converting a single family home into a duplex? 

I ran a CMA on the property and got an average sells price of $290k. $280k is what I ran my numbers off of to be safe.

Dave Van Horn, his partners, and his staff are some of the best in the industry.  

Relationship-Based LendingBanks: Normal transactions are always cold-blooded and policy-oriented.Private Money Lenders: Most often work with borrowers to create solutions and value relationships over strict rules.The Bottom LineThe power of private money lending, I think, is a pretty effective alternative for borrowers who need speed, flexibility, and customized solutions—especially in industries like real estate investing.

Even though the distance would be a lot farther to travel than initially investing in another Chicago neighborhood, I know the tenant laws are a lot more relaxed out in the suburbs, the average price of property is much lower, and it just feels like a smoother entry point than a large city in general.I'm very interested in multi-family properties to begin my real estate journey and have worked on putting a team together, so I am getting closer to actually acting, not just observing.

I’m currently averaging about 3.8 years per unit.

However, rates have since moved upward.A 30-year fixed rate mortgage is once again sitting around 7% interest:The real estate industry hoped 2024 would see a recovery in which mortgage rates fell and home sales climbed.

I grew up in the industry and still have a hard time with holding contractors accountable.

Santarelli as an absolute industry expert (podcast, websites, press, social media advertisement) cause investors to have a false sense of security.

On top of that, with affordability and a median home price below the national average, Cleveland stands out as an attractive option.