Most places require 40k in reserves to get a 200,000 HML so it would definitely take a while to save that kind of money up.

I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.

Definitely sounds like an interesting asset class.

It’s definitely possible that not having a garage could be a deal breaker.

I'm not saying that this isn't right for SOME houses, but it's definitely not right for all!

Converting an unfinished basement into a third unit can definitely add value, especially here in Chicago.

If your HOA would allow it, I'd definitely explore that since you'd be back in town for a few months out of the year. 

Your approach here has definitely given me a lot to think about in terms of spotting hidden value.Curious, with the deferred maintenance challenges you faced, was there anything unexpected that came up during the rehab that you’d approach differently next time?

I will definitely look into the books you recommended.

I definitely thought it was a scam but it was legit and easily one of my most profitable 1 night stays away from a pure revenue stand point.