I've never spent money on inspections/environmental before having the property under contract.

By managing yourself, you keep that money in your pocket.✅ Hands-On Experience – If you plan to grow your real estate portfolio, managing tenants yourself can teach you valuable lessons about leases, maintenance, and local rental laws.✅ More Control – You’ll personally handle tenant screening, rent collection, and property upkeep, ensuring everything is done to your standards.✅ Stronger Tenant Relationships – Being involved directly allows you to build rapport with your tenants, which can lead to better communication and longer leases.Cons of Self-Managing❌ Time-Consuming – Dealing with maintenance requests, late-night emergencies, and tenant disputes can quickly become a second job.❌ Legal Risks – Chicago has strict landlord-tenant laws.

First of all, do not take any money out of the business, because you will need it.

Most of the properties we acquire are with little to no money down (even $0 down!)

Hard money then refi residential 30 yr How did you add value to the deal?

ask questions.also, you have to have money to invest. 

Rents started to come down and I had to leave a lot more money in projects that I was in the middle of.  

How much money do you have for a down payment for a new rental and how much can you borrow? 

Many of them sell the course at 20k a pop and that is how they “make money in real estate†Sad but true.

Money is money.