The challenges in real estate teach you invaluable lessons that you might not gain otherwise.I also invest in Chicago, so I have a few thoughts in response to the questions you raised.

Really appreciate any insights that you can provide!

So I just wanted to present the raw facts, hear everyone's opinions, and obviously gain some knowledge and tips from investors! 

If I end up foreclosing the property, I will gain $200K equity (in my example, the amount will vary with each TD).

They provide the properties along with their insights and a home inspection.

Oh wow - thanks for these insights.

A friend of mine invested in one last year—apartments upstairs, a small coffee shop downstairs - and the combination of income streams made it a steady performer.Scaling with a 1031 Exchange:While not applicable unless you sell a property, planning for a 1031 exchange could help you scale quickly while avoiding capital gains taxes.

Hi LaudwijkI may be aale to give you some insight into the Australian property market and answer your questions.1.

Let me hear your thoughts on how you are feeling and let this thread be a catalyst to be an active forum of investor insight in the KC market. 

How do you gain more confidence as an LP?