I am always on guard in the city , I drive a 2004 Ford truck when I do have to go in , and I dress like I dont have a dime to my name .

By offering them control over key areas of management, you're giving them the reins to drive profitability, while you focus on gaining invaluable experience and building your own capabilities.It's a win-win situation - they get reassurance about the property's profitability and you get the benefit of their experience to hone your skills.Keep pushing forward and best of luck on your journey!

The issue is Calumet City is a good 45 minute drive south of Chicago and North Chicago is actually about an hour drive north of Chicago (talk about false advertising).

However, considering gross monthly income and operational expenses, I'm looking for strategies or types of properties that can provide a better net ROI.Here are some key points:Location: At least a C neighborhood that is safe for driving around at all hours.Cashflow: Investments that can deliver superior cash flow.Involvement: I have the time and willingness to handle maintenance and operational activities myself.

My point that I am trying to drive home is that most lenders are within a pretty tight shot group, and I would rather pay $500 - $1000 more for better advice, better service, better follow up, better communication etc. 

They didn't have to drive to the store?

I know I could drive all over the place and price shop and save money, buy my free time is worth more than the savings- most of the time. 

.- best chance of near term success is local to you, somewhere you can drive roundtrip with time to spend at the property in a day. - reality is MLS listings using realistic expense estimates at high LTV is cash flow negative

Limited space for expansion ensures a housing shortage, driving up property values and rents.

Those type of things drive rental revenue and attract more guests.