.✅ Hands-On Experience – If you plan to grow your real estate portfolio, managing tenants yourself can teach you valuable lessons about leases, maintenance, and local rental laws.✅ More Control – You’ll personally handle tenant screening, rent collection, and property upkeep, ensuring everything is done to your standards.✅ Stronger Tenant Relationships – Being involved directly allows you to build rapport with your tenants, which can lead to better communication and longer leases.Cons of Self-Managing❌ Time-Consuming – Dealing with maintenance requests, late-night emergencies, and tenant disputes can quickly become a second job.❌ Legal Risks – Chicago has strict landlord-tenant laws.

And also the local job market.

For a better estimation, find a business broker in your area.For the loan options, speak with your banker and try to get involved in local real estate groups.

Your insider’s knowledge of the TK industry is super intriguing.

However, that doesn’t mean there’s no demand for affordable rentals—you just need to determine if your home fits the local rental market.

To my knowledge, any children living in the home can attend the zoned school district. 

Knowledge and expertise in what you're looking to do specifically.

It’s the perfect opportunity for an investor hunting for a smart deal.Located in a great area with a charming downtown, awesome local restaurants, and plenty of outdoor fun by the Guadalupe and Comal Rivers.This is one of those homes that doesn’t come around often—a solid investment with tons of potential that won’t take much to make it shine.”The county has it appraised at $188,000 and here are some pics.  

That said, Detroit is very much a block-by-block city, so local knowledge is critical to avoid issues.If you’re serious about learning more, feel free to send me a DM.

I would love to just put my mind at ease with a little more knowledge and pointers as to how we can start out as strong as possible.