So, for a small duplex, what price range are you targeting and how much (light, medium, or heavy) rehab would be acceptable?

Went a bit heavy on the annual taxes due to the increase in the area the past few years.

. - Property type (single-family homes, duplexes, or small multifamily)- Min/max square footage or number of bedrooms and bathrooms- Desired cash flow or ROI metrics to ensure profitability- Property Condition (turnkey, light cosmetic fixes, or heavy rehab)- Neighborhood type (A/B-class areas for appreciation vs.

While 2/2s are better 3/1 are more desirable because of the heavy section market in the city. 

Some of the heavy hitters here in Chicago discussed the ADU program with a very nice person from the building department.

What works best really depends on your goals and risk tolerance, but here’s a quick rundown of what I’ve seen happening in the area:STRs: These are still solid in vacation-heavy areas like Naples, Fort Myers, and the barrier islands.

Pay to separately meter the utility.

But to start with MF that seems like a pretty heavy lift for these folks.Of course you can teach theory but then you have real estate reality..  

A rent heavy market, with a shortage, I am receiving regular requests for rentals in these markets.  

You might find VRBO guests book longer stays, vs Airbnb that is weekend heavy.