Many people can borrow at low costs against their own stock portfolio.

@Connor McGinnis I almost always end up buying from my Lowe’s because they keep a large amount of appliances in stock and can get them in store faster than our Home Depot.

Hey Momar, this will generally depend on what you're after, if you're looking to cashflow, look into Cleveland, its reliable rents and predictable income could be a strong contender.

No one can predict how well it'll perform.

Remember-Trying to predict future rates can be a risky move -you never really know where things will land

I live in the Chicago Northwest suburbs and am looking for an experienced CPA/accountant to assist with taxes and returns for a mixed portfolio (w2, Realestate portfolio, stocks)Thanks in advance!

And in fairness, the unit is old (likely 15 years or so), and past its predicted usable life.

I personally don't like pay too much attention to ProForma as I can't predict the future so I usually just like to know if cash flow is good AND more importantly if I'm financing, if the DSCR (debt service coverage ratio) is high enough to safely qualify for financing (usually above 1.2). 

We buy, fix, flip and manage and leave no stone unturned when looking for deals.We negotiate hard, buy with cash and close quickly.Gotta buy cheap in order to make margin but still deliver a turnkey property to investor at fair market value.I've always believed in "making money when you buy and not when you sell".So it's important to buy cheap.A strategy that I always tell all of our buyers when investing is to always "underestimate income and overestimate expenses".If you think it won't happen to you, it will and you can't go wrong including a margin of safety when predicting expenses.I hope that helps 👍

This is confirmed with other Indy area homeowners and investors I talked to, no predictable pattern of property tax increase unlike California with 2% max increase a year.