Most ideal would be seller financing, but open to creative strategies for a cash-flowing property. 

Ideally it should still cash flow solidly but may not appreciate quite as rapidly as the bigger market.

Our elected leaders have the unique opportunity to not only help small businesses, keep industries working, combat inflationary pressures in the housing markets and at the same time make housing more affordable for millions of Americans.Several factors contribute to the tight housing market, each influencing the others in a cycle of cause and effect.

"Subject" to other factors that is where you wantto either buy or build first.

I'm sure there's other stuff you'll want to factor in - what businesses are moving to and from each areas. 

Other factors as well of course: DTI, the LTV, primary residence vs investment property, etc.

Once you have those answers and find out how Airbnb would penalize canceled bookings...that alone is huge deciding factor for some old/new STR homeowners....you can move forward with the best answers that would help you meet your 12-month goals! 

They bring higher tenant turnover, limited cash flow, and attract traditional tenants who aren’t your ideal long-term buyers.

If you are just getting started here in Chicago, house hacking is the ideal situation.

@Eli Fazzo, Almost every location is going to have some surprises that you just have to factor in when looking at investing in real estate.