A traditional single-family rental may net you only $280/month, whereas a co-living setup can bring in over $1,100/month from the same property.4.

You would need to bring everything up to code currently and that's going to be cost prohibitive.

For example, a $550,000 two-flat in Albany Park might bring in $2,500/month from the rented unit while you live in the other—covering most of your mortgage.3.

The main issue is that to do the ADU you have to spend so much bringing other items up to code like electrical, plumbing, lighting (windows) and egress.

Hey @Gil Canfu, feel free to reach out if you'd like to chat or meet up sometime!

Our immediate plan is to get some STRs going and mix in some mid or ltr, and in the future a few other possibilities to bring in income. 

With your background in computer science, math, and finance, you’re bringing some valuable tools to the table.

So if the opening bid is 600k you need 600k in cashiers check typically I know out west here you cant bring a personal check I have beat others out when they thought they could just write a check and I presented my cashiers check. 

The current portfolio doesn't require much management, but I feel there is opportunity to grow the portfolio moving forwards. 

Investors should keep an eye on government spending in housing to understand how these changes might shape local markets.At the same time, Bessent’s focus on driving GDP growth could bring a surge of opportunities.