Have a bunch. key piece is are you doing it in your personal name or in an LLC with a commericial loan.

What key roles should I prioritize?

Wait, be patient, and you will find a good regualr long-term renter.Some people will do S8 because they've had decent luck.

The key word being “should.”

Finding trustworthy, like-minded partners is key to growing your portfolio.

Hey @Henry Lazerow - I would tend to agree that most of the NW side of Chicago 2-4 units don't play out perfectly well for BRRRR deals.I always looked at any potential house hack vs. having to rent - if my overall payments were less than the rent I generally considered that a win.For me...the house hack is just the ticket into the amusement park and then the fun rides come after...getting started can be overwhelming and hard so I can see why people might take a discount.I think one of the keys to strong equity creation is square footage creation which is basically what you outlined with duplexing up or down.

So learning the questions to ask is key. 

I bought a turn key home from another outfit and their stated rent estimate was about 10-15% off. 

what's everyone's closing rate with cash for keys?

Managing the fast transaction process and maintaining the property's market appeal were key challenges.