Older properties can be picked up for < 50% of ARV and go up in value in rapid ways with urban renewal efforts … I’ve seen this happen time and time again and so it’s worth saying, diversification is ideal.

The app is user-friendly and integrates with popular CRMs, making it ideal for both beginners and experienced investors.

Ideally they will have a pool of investors looking for a turn-key property. 

There's a few different ways to focus on a lower rate such as with house hacking and making the investment your primary residence, requesting a significant closing credit from the sellers for standard rate buy-downs (which I've had great success with recently), or utilizing lenders who offer short term rate lowering solutions such as 2-1 rate buy downs (again, ideally paid for by the sellers).

My goal is to continue to buy 3-4 condos like this one and use the snowball strategy to pay off these condos quickly so I can build up my passive income(ideally $20k+ a year from 1 paid off condo).

Some of it can be temporary, but ideally you'll want to be in markets where it can be sustained (ie. have barriers to entry). 

I definitely need to do more analysis in terms of comparing against other rentas in the area and ideal beds and heads count. 

Ideally you would put only one persons name on the mortgage unless you absolutely had to have both to qualify.  

Ideally, my goal would be to get $40-45k equity back out.

I'd like the building to be within 10 minutes walking distance from a Brown Line L stop, ideally in Lake View, North Center, or Ravenswood.