For one it's 15-20 miles away from Disney - that's a little ride for sure. 

A very nice way to grow wealth is to buy amidst a mid-gentrifying neighborhood and "riding the wave" as things appreciate dramatically.

.- In general, I see politics playing a rapidly increasing role and impact as stimulus and assorted actions have exceptional high probability of occurring induced from political motives, riding backs of legitimate economic standings, but amplified in there deployment via political motives.  

Hey @Henry Lazerow - I would tend to agree that most of the NW side of Chicago 2-4 units don't play out perfectly well for BRRRR deals.I always looked at any potential house hack vs. having to rent - if my overall payments were less than the rent I generally considered that a win.For me...the house hack is just the ticket into the amusement park and then the fun rides come after...getting started can be overwhelming and hard so I can see why people might take a discount.I think one of the keys to strong equity creation is square footage creation which is basically what you outlined with duplexing up or down.

Your area is the tough part, but if he has the experience and you have minimal risk, it' great to just ride along and learn.

Best of Luck- you're in for a ride!

There is no free ride!

Landlords who pay attention, are ready to wait, play by the rules of the local laws, and have enough volume or cushion to ride out the outlier experiences, have seen, and I believe will continue to see, the benefits of lack of competition accrue to them to the tune of millions of dollars. 

I do not have much knowledge on real estate but I am the hitting  books: BRRRR by David Greene, Estimating Rehab cost by J.Scott, Investing real estate with no/low money down by Brandon Turner and finally, Rental property investing by Brandon Turner.Outside of real estate, I enjoy swimming, bike riding, watching anime, playing video games and interests in the stock/house market.Excited to learn and connect with you all!

We love to go camping, riding motorcycles, and just being outdoors in general.