It's a 4 bed, 2 bath house that is just large enough to house-hack.

Hi -  We are under contract on our first buy and hold that we have been able to find that has decent numbers...Would appreciate any reaction or input anyone has to this deal...good/bad/bad assumptions etc.Location - 63rd and Halsted (very close to the new whole foods developmentProperty - Grey stone with 2 units (3 bed/1 bath) unfinished basement with laundy and 2 car garage.  

Hey Guys-Let me know your thoughts.  7 units, all one beds.  

I noticed another one-bed west of Ave Q with supposedly higher rents. 

We own another duplex in the area that has done very well but bought it 7 years ago.Sale Price: 426KBeds/Baths: 4 beds 2 bath on one side/ 3 beds & 1 bath on other side which can be upgraded to 4b/2bath.Closing costs: $8749 on Mortgage:  4.5 % 30 year mortgage with 25% downRepairs & Rehab costs: 30-50K to add AC units, new furnace, new electrical panels both sides.  

You need to know your market and the difference between the sale price of a 3 bed 1 bath an 4 bed 2 bath in a particular neighborhood.

A 1 bed apartment was around 1,000 then.

I wanted to quick ask what people have found to be the most economical solution to replacing water heaters for 1 and 2 bedroom apartments. I am looking for recommendations on brand and size. The best I can seem to fin...

In my opinion and from what I've observed there is a strong demand for rentals the ones that go the quickest are the 2/3 bed one baths from 500-800 a month.

It is basically a 2bed 1 bath home in front, with a completely separate 1 bed 1 bath in the back with a kitchen and everything.