You will be competing with people who have 'boots on the ground' and can visit any property owner with short notice.While wholesaling from afar is possible, it is recommended to begin closer to home.

The area had appreciated substantially in a short amount of time.

Was thinking it could be good for a short term rental or maybe just renting out a single family.

For instance, cities like Chicago are known for landlord-tenant laws that skew heavily in favor of tenants, and that risk should be baked into your underwriting.What’s your take on balancing short-term cash flow with long-term equity growth?

If the only constraint is you don't want to manage it from a distance, why not just hire a property manager? 

There is a long laundry list of required repairs to be done in a short amount of time.

Hi All - I found a lead on a MFH (5+ units) that is a short sale.

But I am now.In the past few years, my wife and I have done a couple of house hacks and two short-term rentals.

They will probably stick to that for a short period and then go delinquent again, but it's much easier to deal with if they violate a payment plan in most cases and at least you get some of your money back.They might be a professional tenant.

I don't think it's the end of the world @Jonathan Greene...if it still helps someone learn something new there is at least some positive.In my opinion, those trolls will get seen for who they really are in the long run, so it is just a short-term play...that I don't know is worth worrying much about.I'd rather someone say, "Here is a question we often get asked as a general contractor: how much does it cost to dig down a Chicago basement?