We now hold it as a rental property that cashflows well with a 2.75% interest rate (got lucky with the rate environment at the time of purchase!)

The last part is the biggest challenge.

We are a thriving community of hosts committed to providing safe and comfortable haven for individuals and families facing unexpected challenges.

Challenges?

Challenges?

Hey @Robin Gravlin - I am super sorry to hear about your struggle, but know WHEN you make it through this EVERYTHING gets easier.I have equally had a very challenging property ironically (@Jay Hinrichs) on the south side of Chicago. 

This challenge may cause you to take the path of least resistance and pursue a 2-4 unit with a residential mortgage.

It is the biggest cost/challenge for making rentals work in my opinion.  

Personally, I think most agents fail because they lack an environment to work within that actually wants them to be successful (no where to go and actually work if they want to work or learn the business).

However, annual rents for lease extensions grew by 4%, highlighting renters' preference to renew rather than enter the challenging homeownership market.Looking ahead, the multifamily sector presents a mixed landscape of opportunities and challenges.