., theatre room, great game room, murals etc)My Morganton property went live in December as a 3 bed so that we could get some holiday bookings and we had no issues getting it booked.

We're most likely looking at multi-family (initially) in lower cost of living regions simply to make it affordable for us to get into the game. 

That said, I'm unfamiliar with the market and would love to meet with other investors who are finding some success (and mishaps) to help refine my game plan.If there are any REI meets ups please let me know!

Or would I be ok with another rental and enjoy the income..Would like to know from people who did their own development and was it a game changer to their business profits?

The best way to win is staying in the game the longest. 

It's not a game changer, but a strong concession can level the playing field a bit.

Been in the game for just over 2 years.

or heard of it.. was a new one to me.. what I love about our game of RE is no one knows everything and you learn new stuff every week.

Hey @Lee Burns - I might have a guy for you...Can you please provide us with a bit more background on your game plan and your understanding of how foreclosures and receiver's liens work in Chicago?

You can see regularly companies and some individuals here on BP that like to play games and it happens to them.