An LLC also makes refinancing in the BRRRR method smoother, as many lenders prefer loans through an entity for multi-property investors.Starting with the right structure positions you for long-term success.

Follow up with sellers and buyers regularly to stay top-of-mind.By following these five rules, you can minimize most of the common challenges wholesalers face and set yourself up for success.

I know some folks that are successful with STR's in Tulsa.

Although management has always been the key to success or failure. 

I would like to buy my first rental property in a few months and am doing some research in order to be as successful as possible.

@Scott Shumardi can't answer your question, but here is my recommendation.  1. start going to meetups and find out which HMLs the successful investors work with. 

There are a lot of variables to consider so it's impossible to say if investing in one of those other markets would have been "better".However, I think you could make a stronger case that you have been (or would be) more successful with your real estate investing in Chicago compared to other markets.

I have several clients who have invested in Vegas and had a lot of success but now they're focusing more in the southern/middle part of the country because the price points are lower and the laws are more landlord friendly.

My question is what is the market like down there for successful rentals?

How often is an individual successfully sued for an amount that exceeds their insurance coverage?