But if your looking to cash flow like $500 or more per month you might want to look into more cost effective markets where you can purchase a property very cheap and the rents will give you that type of cash flow your looking for.

All these will effect long term appreciation and rents.  

@Peter Mckernan Love the way you did that deal and agree that those deals exist both on market and off market you just have to be able to look for them in an effective way and add creativity. 

Being able to enter a property with only 5% down means you can leverage your money way more effectively as well.

I don't know how much more cost effective a one off modular  house will be.

Tenant screening, especially here in Chicago, is one of the most important things you have to prioritize learning - learning it the hard way is the fastest, but not always the most cost-effective (I know from experience haha)If you still need a solid eviction attorney, please let me know! 

He's one of the most efficient, effective & solution-oriented experts I've ever worked with.

I want to play devils advocate, to have a convincing argument.

Should you choose not to renew your current lease you will only have to pay the difference of the last month’s rent you originally paid. 1750-1495= $255.Current Rent: $1,750Increase: $119New Rent Rate: $1,869This increase takes effect the 1st day of November, 2023.We’ve been happy with you as a tenant and hope you continue to stay with us for a long time.

Each parcel can host up to two units, effectively enabling up to four units on what was previously a single-family lot.