If you ever decided to sell the building but keep operating the business, it makes it much easier.

But there are a few factors to keep in mind:1.

I just want it to work and be a positive experience because I know that will keep me motivating to continue investing and building my portfolio.

By managing yourself, you keep that money in your pocket.✅ Hands-On Experience – If you plan to grow your real estate portfolio, managing tenants yourself can teach you valuable lessons about leases, maintenance, and local rental laws.✅ More Control – You’ll personally handle tenant screening, rent collection, and property upkeep, ensuring everything is done to your standards.✅ Stronger Tenant Relationships – Being involved directly allows you to build rapport with your tenants, which can lead to better communication and longer leases.Cons of Self-Managing❌ Time-Consuming – Dealing with maintenance requests, late-night emergencies, and tenant disputes can quickly become a second job.❌ Legal Risks – Chicago has strict landlord-tenant laws.

The first one that comes to mind is do you plan to keep working while building your real estate empire?  

You have a job that keeps you busy, but you want to start creating wealth through Real Estate.  

Should I use 401K to payoff mortgage and have that $2,000 as income OR take 4% of that 401K (only 8K) as income and keep the mortgage? 

Congratulations - keep us updated and let us know how it goes! 

Deciding whether to sell or keep renting really depends on your long-term goals.

Want to keep these forever, sell in few years, buy more?