The tailored terms are especially useful for unique real estate strategies like BRRRR or fix-and-flips.

Should I focus on teaching him the basics of personal finance, like saving and budgeting, or is there a way to introduce him to more advanced concepts like market analysis? 

Thanks in advance for your help! 

Time to focus on higher-level decision-making and strategy. 4.

I want to narrow in on using the BRRRR strategy, but turnkey rentals are also intriguing.

The short answer is I look for 9% min and try to press it to 11% with those strategies along with rental increases once improvements are made and the tenants know you actually care about the property.

Evaluate and execute flips using software, monitor rehab, and plan exit strategies.

I'd consider myself an advanced, tax-savvy, solo investor with quite a bit of experience. 

So many people gloss over properties before truly evaluating their pro forma rent.Also, I think it's a great point about this strategy working in higher rent/gentrification areas of Chicago..it seems counterintuitive.

Thanks in advance for your time!