For example if a single family home rents for $1700 in your area.

Here are some practical steps and strategies to consider:## Single Family and Small Multifamily HomesWhen looking at single-family and small multifamily homes in northern Illinois and southern Wisconsin, make sure to analyze the local market trends, rental yields, and property appreciation rates.

From a practical viewpoint, I wouldn’t think the lender would accelerate the note, if the LLC were a single member LLC, you were that member, and it was treated as a “disregarded” entity for tax purposes.  

It’s a small single-family home in Florida that I plan to BRRRR.

Consider starting small by house hacking a single-family home, renting out rooms, or adding an ADU if possible.

Own 10 rentals in Columbus Ohio and building another 21 new build single family houses in Florida that will be a clean BRRRR that will be free and clear.

I never said you can't make money buying entry level single family homes in the Midwest or any market for that matter....but the investors who are most inclined to succeed are the hands on operators, not the passive investors or those paying retail price for a turn key in a lower tier neighborhood with no barriers of entry.

Here’s a breakdown of some top areas:Cash Flow-Friendly NeighborhoodsWest Charlotte: Known for affordability and strong rental yields, West Charlotte offers opportunities in single-family and small multi-family properties.Gastonia: Just outside of Charlotte, Gastonia is a great spot for investors seeking cash flow.

For me and my goals, I focus on long-term investing in residential single-family homes in Florida and Georgia.

If you're purchasing a single family home you can use traditional financing like you probably did on your house or you can do a commercial loan.