I personally wouldn't invest in a property that doesn't cash flow.What is your financing strategy? 

I would be financing it to a DSCR and moving it to an llc at one.

How did you finance this deal?

Long-term renters want to buy at 550 as is, but can't qualify for conventional financing.

@Irina BadalHolding title in a land trust will keep your personal name out of the public records when purchasing or financing a property. 

Off market contact , Wholeseller How did you finance this deal?

So if I am looking at an asset as a 10 year play - I look more at the location, schools and how has this market performed in the past excluding covid and 2008 which were extenuating circumstances.Reality is right now shorter term plays do not work based on numbers and cost of financing - we went through this same thing in 2001-2004ish timeframe where properties would appreciate 2-3% per year and after buying costs and closing costs - you were not making money on assets unless you performed the labor or found a really good deal.this is how real estate "typically" is - which is why everyone always says location location location - because after a decent holding period, you will win.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

If it's way out of whack with the market average, dig deeper.Debt Service Coverage Ratio: Key for nderstanding if the property's cash flow will cover financing comfortably.Historical Vacancy Trends: Especially in areas like Chicago, where local job markets fluctuate, knowing vacancy trends can help you anticipate rough patches.Rent Growth vs.

Quote from @Nathan Frost: Hi all, curious on any advice or tips here.