You see this often in Chicago high rises where they use a less thick countertop.At the end of the day, you aren't saving a ridiculous amount of money, so like anything it helps when you are doing it at scale.What is your future vision for your Short Term rental business?

I have liquid funds ready, but I want to make sure this is worth my time compared to the 5-6% cap rates I've seen on multifamily units in South Florida, which are close to what I already get from CDs and high-yield savings accounts without the hassle of property management.I'm also hesitant to invest out of state since I'm new to real estate and don’t want to make a costly mistake.

Also because of my passion, and also because flips are really hard to find nowadays that have a good margin of more than 10% profit from the selling price.I started to do some digging in the main market that I am operating at right now and found a nice option that I liked:Find an old house in a good area in the city metro, demolish and build a new one on top of it a medium to high-end home.Why?

The issue is in my market, and most other markets, the property is cash flow negative after the as high as possible LTV Refi t extract the added value.  

@Terrance Coleman - Nice, well if you're looking to do fix and flips in your market, I highly recommend you find someone doing fix and flips in your market and work to provide them as much value as possible / expect nothing in return. 

However, this seems unlikely given the current high interest rates.I don't anticipate significant interest rate fluctuations for the next 6 to 9 months.

Section 8 is a great way to mitigate your risks if you have properties in super low income high crime areas.

Here’s a breakdown to help you navigate your first deal, incorporating advanced strategies, including 1031 exchanges, to attract a broader range of investors.Neighborhood Recommendations: Chicago offers a diverse range of neighborhoods for different investment goals:Wicker Park & West Town: These areas are known for their strong rental demand among young professionals and offer good potential for cash flow.Lake View: Ideal for attracting tenants who want to be close to downtown while enjoying local amenities.The Loop: A prime location for high-income renters, making it an attractive option if you’re planning to house hack and generate a steady stream of rental income.Property Types: Opt for properties that align with your investment goals.

I have a term sheet from Matt and did think it was slightly high but they are only online lender that I've heard anything positive about. 

I would highly recommend going to local meet-ups in your area.