Take "no" out of your vocabulary, replace it with "This is how YES".

Pilsen is filling in and replacing buildings north of cermak.  

We plan on replacing the flooring and possibly new kitchen countertops. 

.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.

I think crypto is where internet was in 1995, a lot of what people on this thread are saying about crypto you can replace with "internet" in 1995.

Our plan was to rent it for 3-7 years, and then sell it, before a roof, HVAC, plumbing, or even much flooring was in need of replacement. 

Just know that it is a "no days off" kind of business and very mechanical.I would suggest documenting your process via video so that eventually you can bring people on to replace the different hats you will be wearing.Keep in mind of these 5 components of any wholesale business.lead generation, deal sourcing, underwriting, marketing, transaction coordination.

I haven't sold yet, I've been analyzing property to get a head start on the 45-day timeline of identifying the potential replacement property (and because I enjoy analyzing property). 

., identifying a replacement property within 45 days and closing within 180 days).

I recently had to replace my HVAC system because it was red-tagged.