I don't want to ruin this lady's credit or anything but I also don't want to get played. 

He had only played with the idea of selling it before he got my letter.

This has come into play as one local city was charging $150 for rental inspections while surrounding communities were charging $50.

AirDNA is super helpful, already been playing with it.

@Shiloh LundahlTheoretically assuming properties were identical in every sense yes because I don’t need cash flow and would rather have the extra $100k in equity.Now $600/mo could get you another $100k mortgage to get you another property that could potentially also cash flow but for me personally I am in equity play mode now income mode - just my personal choice but nothing wrong with the other scenario

Long story short, gives you a lot of options and depending on a value add play and negotiations, it won't take as much money up front that could be used for renovations.

Decide which game you want to play.

Decide which game you want to play.

Decide which game you want to play.

In my experience the Landlord / Tenant laws are less favorable in Chicago and I have concerns in how the budget deficit in Illinois is going to play out.