Anyone flipping or investing in the Chicago burbs, we have a small bigger pockets meet up coming up next Wednesday--reach out and I can give you details...

There is a small potential that the tenant did it. $3k to fix the issue sounds like ROBBERY!

Start small, maybe with a property that needs lighter rehab, and view it as a learning experience rather than a make-or-break deal.

This has helped me in the past when a unit has been damaged and/or small items are misplaced like silverware, pots/pans, etc.

Originally posted by @Keith Howard:Any advice from the 'owner' perspective?

Whether it's real estate investing or running a small business or a combination of both, I just know I want my income and financial stability to stop being reliant on a boss or corporate entity.I've got a couple of interests that I'm flexible on. - Long term residential rentals: Primary interest to start building.  

In real estate, the biggest hurdles are often the ones you least expect—and sometimes, they’re as small as a crystal doorknob.Back in 2019, a simple set of crystal doorknobs nearly cost us a $25,000 deal on a home on Burgess Street.

The property is a small three unit multifamily. 

If it's only 1 unit, and you are just starting,  Airbnb and Furnished Finder would be good.FF has a very small yearly fee and airbnb will take a commission, but it will also get you used to both.

You can also do small changes, like going from a multi-family to a couple SFRs, or industrial to office.