Target Low Vacancy RatesChicago neighborhoods like Lakeview and West Town boast low vacancy rates, meaning fewer empty months.

:We use the cheapest ones that they provide at Lowe's, our handyman installs.

The median home price is also very low nationwide which creates a low barrier to entry.

Especially in today's high interest rate environment, a low income buyer is usually going to be better off renting than buying.

We came in low with our offer, but were willing to skip the inspection (which had already been completed before we offered) and stipulated that we would close in 20 days, which was super valuable to the seller.

Learned about his children, learned about the 60 units of apartments he owns and how he manages to keep the expenses low.

Then the prices lower towards the date and you end up booking at a low price or worse just being vacant.I think manually pricing your STR'S is a much better approach.So many people are looking for the next cool software app to buy a subscription to.

To be more specific about what i'm looking to do: My 1-2 year goal is to employ the BRRRR strategy with SFHs and Condos by buying distressed / highly undervalued properties that need work (preferably all-cash) in low crime areas with strong rental demand, renovate them within budget (again preferably all-cash) and get them rent ready before refinancing them at the highest ARV possible.

Because, it's way too low. 

But, this will be front-end weighted and gradually slow towards the back half of the year.