COVID created a chaotic spike in both the sale & rental markets, attracting even more new real estate investors.

He ended up pairing his syndication investment with a small rental property purchase that allowed him to maximize his REP hours, which made a big diference at tax time.It’s a bit complex, so I’d recommend chatting with your CPA to see if you can group your real estate activities or find an alternative way to leverage those passive losses.

I’m looking to get a condo 2bd/1bath or something similar near rush, Stroger/CC hospital, and UIC (not just looking to attract travel nurses I promise lol).

Why not take a trip and see which areas/cities seem attractive to you?

Finishes are modern and attractive.

Anything that has an attractive price in 32206 or 32209 is either in a D class neighbhorhood and/or a property that needs significant rehab.The further you go from the center of downtown, the more likely the property is in a better class neighborhood.The exception being springfield where it is close to downtown but considered a good neighborhood.

Hi @Matthew Wright,You will probably attract more families / long term renters with duplexes than with one 12 unit building.

Alternatively, you can convert your IRA into a "Self-Directed " IRA and buy investment real estate inside your SD IRA.

This means the location must possess the right characteristics to attract new businesses.If the city fails to attract new companies, soon only low-paying service sector jobs will remain.

Local Economic GrowthJob Market Health: Areas with strong job growth, particularly in tech, healthcare, or other high-demand sectors, attract both short and mid-term renters.