Ensure any liens on the property made by the laundry vendor turn up during title search when purchasing a property.

Do a search and read all the responses, you will find that they are similar to mine....

If you’re planning to flip, you might also want to talk to hard money lenders in your area since they’re more flexible for short-term deals.To connect with agents, try searching for investor-friendly Realtors in your market (ask around here too!).

Some appraisers only search for rentals in the exact same property type (like just duplexes), but in reality, most 2–4 unit rentals pull from the same tenant pool.

Did a quick Google search... if I'm not mistaken, Belleville requires a new CO for any unit being turned over (especially after renovation).Sounds like they’ll inspect both units to ensure the entire property meets code even if only one is being re-rented.

If you have savings to float the negative each month and a realistic plan to push rents or improve the building, it could pay off well over time.If covering a loss every month stresses you out, you might want to run more conservative numbers or keep looking for a deal that pays for itself from day one.If you want, share your planned mortgage rate, down payment, and any renovation costs.

@Daniel Gwynn: I do not have direct experience here, and often when people post for referrals to syndicators they are fairly new to syndications, so take this as trying to be helpful, and skip over if you know all this stuff:Quick linkedin search of Danny Flores shows company has only been around since 2018. 

Here is another post on this subject from BP:Learn to Live Life on Your Terms through Real Estate Investing on BiggerPocketsPlease note I have not taken this course or have info on it, just posting what I found on a quick search of this site.

I'm actively searching in Chicago as well as it's a market that I both know and I've gotten to cash flow.

most of my clients that self manage but need help from a local to get a tenant placed simply use higher a local leasing agent to be able to handle the showings, tenant search marketing etc.I offer this service in my market and charge a months rent, and handle all the showings applications etc, and then hand over for the payments deposits direct to ownership.