So overall experience of your QI to work in a number of markets and locations is really the key. 

I was studying the market and my rent will be just enough to cover the mortgage and HOA fee now I might to pay out of pocket for insurance but don't want to sell it yet because the area is growing and might have good appreciation in the years that follow.

As you embark on this journey, you'll learn the importance of market research, the art of negotiation, and the power of leveraging assets.

These numbers suggest this could be a strong buy-and-hold investment, assuming the market supports your rent and expense estimates.Good luck!

I recd a bunch of marketing flyers from them last week

It’s exciting to hear about your plans to dive into this field, and Chicago is a fantastic market to explore once you move there.It sounds like you’re on the right track with your interest in House Hacking, Mid-Term Rentals, Short-Term Rentals, and the BRRRR strategy.

While we are not immune to market shifts, we typically don't see huge bubble bursts. 

My go-to response is always: Do you have a Move-In Inspection to document the home's condition beforehand?

It is a great market.

Very solid market, been investing there over 10 yrs and the rents continue to climb!