- residential RE is not passive even with the use of a pm.  

I wouldn't be surprised for 5 or 6 of them to not even realize this is an anti-cabal thread and for them to land with "Columbus is booming, rents are outrageous!"

I was a GC for 25 years both in residential remodeling as well as commercial.

Direct beach access, and a little pool; but no lazy River or giant pools, no gyms, etc; just slightly more of a residential vibe. 

You could make the tenant get property insurance - but customarily residential tenant will not pay for insurance.

"I am not a good lender for this program, you should go to..." or "that seller carry on a residential transaction is not actually possible in the lending landscape of today" etc).3) Better rate, wrong program. 

Do you specialize in residential or commercial market?

@Andreas Mirza There are two distinct NPN markets in Chicago, residential and commercial.

But because those things materialize, doesn't mean residential rei or infrastructure will necessary become intrinsic on the next go around so I would not recommend waiting.

The LLC gives you better asset protection - but you can’t use a residential loan to borrow in the name of the LLC.