This is your lifestyle phase.3.

Decide why you are investing, create some goals around that, then plan a strategy to hit those goals and milestones along the way. consider you time, energy and capital you have and each of those lifestyle dimensions.

This could limit your ability to refinance in the future to lower your payments.Rental Viability: Renting out a very new home (built in 2019) may not be ideal due to potential wear and tear concerns and the fact that it's less likely to need significant repairs or updates that tenants often expect.Local Market Considerations: Chicago's property market is known for high property taxes and historically slower appreciation compared to other markets.Financial Necessity: If you don't have a strong financial or personal reason to move, such as proximity to work, family, or lifestyle changes, it may not justify the hassle and costs of buying a new primary home.I am a loan officer so feel free to reach out to me directly if you have any other questions or would just like to discuss!

For me cash flow is very ATTRACTIVE, BUT, it has to be relative to risk; relative to my lifestyle considerations, and relative to equity movement.  

this is why investors should try to achieve paid for real estate  small number of grade b or A homes leads to the lifestyle pretty much everyone on BP wants.. no work and cash flow :)  Good job Bill

Conversely, you are pre approved for $3M, then the world is your oyster for properties.If you are thinking of moving, think about the lifestyle you want.

And there’s a “lifestyle” question.  

., mission-driven: want to make the world a better place OR lifestyle: prefer the work of selling a program to the work of executing it) and they are willing to stomach any difference in income, OR 2) They are making more money selling the program to you than they are working it for themselves. 

Hello, Cliff Benner, in addition to BizBuySell, LoopNet, CREXi, and Horse & Hearth, here are some other listing sites that feature campgrounds and resorts for sale:LandWatchOverview: A comprehensive site for buying and selling land, including campgrounds and resort properties.Website: landwatch.comLand And FarmOverview: Specializes in rural property listings, including campgrounds, resorts, and equestrian properties.Website: landandfarm.comRV Park StoreOverview: Dedicated to listing RV parks, campgrounds, and resort properties for sale.Website: rvparkstore.comCampground MarketplaceOverview: Focuses on campgrounds and RV parks for sale across the United States.Website: campgroundsforsale.comUnited Country Real EstateOverview: Specializes in rural and lifestyle properties, including campgrounds, resorts, and equestrian properties.Website: unitedcountry.com

The return percentage is the same, but the impact to lifestyle is, presumably, vastly different.