Property TypeUnderstand the different types of multifamily properties:High-Rise: 9+ floors with an elevator, often urban.Mid-Rise: Smaller than high-rise, usually with elevators.Garden-Style: Low-rise apartments in suburban or rural settings.Walk-Up: 4–6 stories without elevators.Manufactured Housing Communities: Mobile home parks where land is leased to homeowners.Special-Purpose Housing:Student Housing: Designed for college students.Senior Housing: Dedicated to older adults.Subsidized Housing: Affordable housing supported by rent and income restrictions.3.

Look into asset classes with stronger cash flow, such as small multifamily properties, short-term rentals, or mobile home parks.

Maybe look for a different type of tenant that doesn't leave every year or sell the place if it isn't meeting your other investment objectives.2) As PM's we always seek prior authorization for expensive turns or capital projects, even though the estimates given to our owner-clients are often ball-park numbers.

Investment Info:

Single-family residence hard money loan investment.

Purchase price: $75,000

Cash invested: $85,000

Single family. Turned into 4 beds, 2 baths. Reframed entire first floor to due prev...

It is near Woodland Park which is having problems with allowing new permits. 

What is the range of broker commissions charged to the seller on a small park 10-60 spaces ( 1-8 M sales price)?

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Its a safe place to park money.

What's really interesting is to see some of them being redeveloped into housing for seniors.Also shopping patterns have changed with work flexibility, so many of these malls don't need as big of parking lots that they once did when people could only shop after work or on weekends. 

I'm doing a lil house-hack in Rogers Park for 2025.