this is only a good idea if you have reason to believe that the area will be appreciating quickly, which is called speculation and akin to gambling not investing. me personally, I would rather put my money on black than bank on market appreciation. negative cash flow rentals are a time suck and money suck.

Ideally, my dream is to have a condo in my favorite neighborhood of Chicago (Lake View).I'm 24 years old.

I think it's a gamble for someone 2000 miles away - could do well or badly.  

Awesome to see a new investor-minded person here.. do you have a favorite real estate success story already?

What is your favorite way to generate leads - buyers and sellers?

Also, to track spending habits - just had a prospect withdraw their application when we asked why they were spending half their income on gambling websites.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Plus I may also sell some of my least favorite fields that I would want to 1031 into investment properties.  

We're here to answer any design questions you have - comment below and let us know what your favorite element on this project is!

My favorite source is Navy Federal for its long draw period of 20 years, and Figure for its fast funding.