Quote from @Charles Masten: Good afternoon BiggerPockets family,I hope everyone’s 2025 is off to a fantastic start!

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Yes, the BRRRR method can work with multifamily properties, and many investors have done it successfully.

Fear the issues of tenant nightmares, fantastic because you won't have that with STR. 

Joining BiggerPockets is a fantastic first step – it’s where so many great real estate journeys start.

But for homeowners its fantastic way to start in home ownership one of the best I have ever seen !! 

@Robert Spiegel Great question, and it’s always a balancing act when dealing with long-term tenants who’ve been fantastic overall.Based on my experience managing over 1,200 rental homes in North Texas, including areas like Dallas, Fort Worth, Plano, and Frisco, here’s how I would approach this:Cleaning Charge: While $540 may feel steep, it can vary depending on the size of the property and local market rates.

It's a fantastic strategy as long as you still have your HELOC, buy during the last downturn, one of the first things that banks did was to shut down HELOCs.

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.

Chicago has a fantastic real estate community, and there are plenty of networking opportunities.