It's not bringing her up. 

The other property is a cottage built in the mid 70s and requires significant electrical/plumbing work to bring up to code.

They bring local knowledge and expertise that can significantly increase your chances of success.Christine, I hope this helps.

The answer is to find different lenders who will let you bring in an appraiser and get 75-80% of the LTV, not the purchase price.

Also, if anyone is open to JV deals or mentorship, I’m eager to learn and bring value where I can.Looking forward to connecting with you all!

Get it under agreement for less than asking price and offer to bring the loan current and have them carry that loan.The way I see it is they are just getting MLS properties under agreement - the last five I looked at had been sitting on the market for more than 150 days (overpriced) because the payoff of the loan would not be satisfied at lower price point. 

This strategy is especially effective given the current lack of entry level homes in Chicago.Our two cents - thanks for bringing this topic to the forums!

These can bring in significantly higher revenue compared to long-term rentals, especially during peak travel seasons​.Single-Family Rentals in Growth Markets:Target neighborhoods with growing populations, good schools, and job opportunities.

I did have experience operating LTR's to bring to the table, but even if you don't, it's not that much more complex.

Excellent point, thank you for bringing this up.