Make sure the payments are affordable and that the buyer has the capacity to meet the obligation mas it comes due, otherwise, you'll have problems.

@Erin M. - As others mentioned above, home possible doesn't really work here in Chicago. 

@David M. - as far as I can tell it's pretty standard.

X-mas on the way, Thanksgiving about to hit, Its cold, post election, Corona.So the leads have significantly dropped...

.- If we move out and all 5 units are rented, in their current state with current mortgages, the properties would still cashflow over $1500/m as a portfolio whole.- We do have incomes that allow us to offset the negative cash flow and do have a reserve fund for both properties that cover unexpected maintenance, capex, and vacancies.Our goals in the next few years:- Refinance rate to the 4-5% range for Triplex (our lender allows us to recalibrate our interest rate based on base rates for an $800 fee).- This would drop PITI and allow for the property to break even/cash flow with monthly payments.- This would allow our portfolio to cashflow upwards of $2500-$3000/m if we were moved out of all units.- We would then use that to round into another property that we would then move into.- There is the potential as well to increase principal paydown through the excess profits from my company, allowing for a lower monthly payment.I guess I’m seeing what other investors’ strategies are for markets that don’t quite have cash flow yet but are trying to buy in, even if they don’t have cash flow at first.Is this even a strategy investors are implementing at the moment in order to get into properties that may be able to be acquired at a “discount”, or are we a very small minority of people who are pursuing a path like this?

Originally posted by @Mary M.:As

@Guy M. as CSM (RET), you should use a photo out of uniform for your unofficial online business activities. 

If I hear you burn them, hassle them, pay late, disrespect them, or try to low ball them - they will walk and no mas referrals.

Do you have space for a x-mas tree lot in Nov and Dec?  

Quote from @Greg M.: As you might be aware, the laws in CA are rapidly changing and changing in favor of tenants.