I knew it was a long term play as well, and wasn't looking for something immediate with them.

I’ve been reading extensively on strategies to minimize tenant vacancies through smart investments, and I’ve come to realize that many other factors play a crucial role when managing rental properties.

Hi Everyone, Im looking to get some advice on evicting a former owner who isn’t playing ball after a foreclosure sale.I purchased the Property on the 5th November, it appeared to be empty but turned out to be occupied.

There are some other dynamics that also will likely play a factor in making the situation great for investors...such as runup in home prices and interest rates probably created a permanent renter class of society. 

Currently playing with the idea of buying acreage in the west burbs of Chicago and design/ building a duplex and then another and another.

If this was a Capital appreciation play beyond this return great.  

Often times, I advise folks to start with HML or PML and the refi into a DSCR loan with a bank/CU when the property is stabilized.I am going to assume that a HML/PML loan would be at a higher cost/rate than a bank that would play ball, so I would prefer that if possible...

They have an app that you can run comps on, play with rehab budgets, do ARV calculations as you drive for dollars and apply for the loan on the spot.

Figure out how you want to handle you investing and what role real estate plays in that. 

I’ve been in a similar situation, and I think the idea of buying in lower-cost areas to renovate and rent out is a great play.