I also see where you’re coming from regarding the no state income tax—it can sound great, but when property taxes offset any savings, it loses appeal fast.

Purchase price: $625,000 Sale price: $700,000 I’m excited to share my recent experience with a wholesale investment in a single-family residence located at 875 N Michigan Avenue, Chicago, IL 60611.After purchasing the property for $625,000, I focused on strategic renovations that enhanced its appeal and functionality.

STR is appealing to me because of the experience you can create for the guest and having a place for your family to stay when needed.

The thought of having to chase a 2nd bill isn’t appealing especially if the bills are in my name and there isn’t much recourse on my end to force the issue.

A loan-to-value (LTV) ratio around 70-80% with a straightforward approval process would be appealing.

These improvements not only enhanced the property's appeal but also attracted higher-quality tenants.

Quote from @Brandon Weis: As a property manager, I know we do a lot more than collect rent and post notices: Move-In and Move-Out InspectionsProperty ShowingsRoutine InspectionsTenant Screening and InterviewsMaintenance and RepairsVendor ManagementHandling EmergenciesNeighborhood RelationsLease Violation ManagementCurb Appeal and Landscaping ChecksI opened in a new market (just 30 miles away) about six years ago.

The rental and homebuyer demand is pretty stable so it appeals to a lot of investors.

However, everyone seems to have wildly different opinions of what appeals to them.

We highlighted its prime Detroit location to potential buyers, enhancing appeal without needing extensive improvements, creating a win-win outcome.