For example:Let’s say it is a $450,000 home in good condition.

Lots of good responses and opinions. 

i tell them all the time to find a good W2 job you like and you plan on staying with a long time. 

For example if one partner added a long-term rental in one party completed a rehab and flip, please properties we need to be filed.

Some focus purely on numbers, while others look at long-term value, location trends, or creative financing strategies.For those of you investing in Chicago (or similar markets), whats your mindset when evaluating off-market opportunities?

Even at $2200 I don't expect to get a positive cash flow for the first year, but that's okay as long as I rent it out and learn from my mistakes for my next investments.

Purchase price: $68,000 Cash invested: $70,000 Sale price: $195,000 I purchased a long-term rental property from the MLS that had multiple contractor issues and significant delays.

Martin and Julie McCoy--they are both very good at remote STR management.Good luck! 

Since you already have experience with both short-term and long-term rentals, house hacking a duplex could be a smart next move.

Trying to distance away from financial attunement is like Morris Invest/SDIRA Wealth. just buying time.