Staying flexible and partnering with a skilled property manager or agent would be key to achieving long-term success.Good luck!

I think I'll start out where I live and probably branch out outnof state once I build my knowledge and experience. 

Many people opted to stay in their current homes rather than take on new leases, contributing to longer vacancies for available properties.3.

It’s one thing to learn, but turning knowledge into action—mistakes and all—is what separates those who dream from those who achieve.Let’s keep building and growing!

Residential investing is not rocket science, knowledge is not the issue: there are many good books out there that walk you through every detail you need to know.

We weren't willing to take that risk.My wife operated our first home and after a few months we found a really solid knowledgeable manager who took over operations while still working closely with my wife. 

So, even when the market is challenging, you can still see properties and stay current.Don't take a break when the rates are high.

Based on the knowledge and experience you have, would you consider this strategy if you had to go back at my age?

One of the greatest, most important lessons has been, staying in my lane!

.✅ Knowledge of Chicago Rental Laws – A good property manager stays up to date on local laws, helping you avoid costly legal mistakes.✅ Maintenance & Repairs Handled – No more emergency calls at 2 AM about a broken water heater!