What I am seeing is older residential units being purchased, eventually torn down and upscale apartments replacing them.

Expanding my network is a priority, not only to find new opportunities but also to eventually be in a position to provide those opportunities to others.I know that scaling a business requires collaboration with others who can bring expertise in areas like financing strategies, legal structuring, and scaling operations.

Appreciation might come eventually, but in the short term, it sounds like it could be more of a challenge.Lastly, while keeping money in a savings account is certainly a safe move, it’s not going to get you the growth you’re looking for.

Mortgage balances go down and eventually get paid off. 

Most people won't, so you can eventually have what they can't. 

We will continue to observe the performance of this property and eventually will build a second house next to it.

So the property may break even or even "lose" $100-200 each month for the first year or so but that number includes the capital I'm putting aside each month for the eventual water heater, roof, or vacancy. 

And eventually or even now, go to Real Estate Events all around Chicago, most of them are free and you can find the events on Meetup.com or Eventbrite.com (my company also hosts a lot of events every month that are free @A&N Mortgage which you can find on Meetup.com).Good Luck!

Furthermore, while not obligated, RTR financially contributed to help this investor offset missed rents from the tenant, which it sounds like the investor later recovered from the tenant eventually.

Hello  @Thomas Sheehan,If your goal is to invest in an apartment where you don't have to concern yourself with maintenance and cap Ex, this deal (or perhaps another with similar rents and lower price) could make sense.The downside to deals like this is that your rents could eventually hit a ceiling as newer apartments (some with more amenities) become available.