I specialize in single family homes in middle class neighborhoods , working people providing a high quality product for tenants that stay for avg. 5-10 years.   

But then in walks the owner occupant or the house hacker who “love the house” or the neighborhoods or the school district.

So we bought in a safe neighborhood, know our neighbors well, and have the basics when it comes to home security.

Should I shop around with a broker?

Hi all,Currently interested in a SFH which I think is listed at a decent price (450k in a ~700-800k neighborhood).

We have an operational general contracting business here in Chicago, but we are slowly building technology solutions around it.Always looking to connect and talk shop around tech and real estate...would love to connect!

Now, I own several rental properties in a C+ neighborhood.

We looked at places in the right neighborhoods that work for STRs a few years ago (pre-pandemic).

I'm buying the property cash, in a trendy neighborhood.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.