In the second year, landlords can't charge more than one month's rent as a security deposit.Also in PA, landlords must put security deposits over $100 into an interest-bearing account and pay the interest to the tenant after the 3rd year of occupancy.You can charge an up front pet fee or pet deposit and you can charge for parking, storage, utilities, or other amenities that you rent separately.It will depend on your situation, but I hope this helps in general!

I know here in Chicago this is pretty tough to accomplish in some of the nicer areas.

Cities like Cleveland and Chicago have done really well.

I don’t have the actual calculations in front of me, so bear with me.First - let’s talk about year one - if you buy a property, and then resell it quickly, you will lose money most of the time.

I'm Jamie from Chicago.  

Or most recently, when we bought into a 26-unit southside Chicago property that had false rent statements, squatters, and on-the-corner drug dealing happening. 

But everything else like moving walls (non load bearing) recessed lights etc.

Choose your path, remain committed, and with the backing of this incredible community, success is within reach. what would help every one is if you mentee's would go to the General Real Estate topic and in the drop down there is a top for RE success stories that's a great place to post ACTUAL results not just talking bout the program we all understand people get excited about RE but most never do anything so if these programs you mentioned actually bear fruit then post some there for everyone to see and gain experience with and so on.

Worth - 10.9%Chicago - 10.8%Silicon Valley - 8.3%Phoenix - 7.0%Atlanta - 6.1%Hillsboro - 5.1%New York / Tri-State - 3.7%

Does the design change load bearing walls?