.✅ Hands-On Experience – If you plan to grow your real estate portfolio, managing tenants yourself can teach you valuable lessons about leases, maintenance, and local rental laws.✅ More Control – You’ll personally handle tenant screening, rent collection, and property upkeep, ensuring everything is done to your standards.✅ Stronger Tenant Relationships – Being involved directly allows you to build rapport with your tenants, which can lead to better communication and longer leases.Cons of Self-Managing❌ Time-Consuming – Dealing with maintenance requests, late-night emergencies, and tenant disputes can quickly become a second job.❌ Legal Risks – Chicago has strict landlord-tenant laws.

Otherwise reducing the premium is not simple but some engineering firms specialize in flood zone updating.  

Would like to be more hands off as well.

Some great options include:Drip Coffee Makers – These are a classic choice, easy to use, and allow guests to brew multiple cups at once.Single-Serve Coffee Makers (non-Keurig) – If you want to avoid the pod waste associated with Keurig, there are many single-serve options that use reusable pods or grounds.French Press – A great option for guests who enjoy a more hands-on brewing experience.Espresso Machines – Ideal for guests who appreciate a high-quality espresso or latte.It’s important to consider your guest demographic and what fits best with your property’s vibe and available space!

Would love to connect and share insights on building a hands-off, cash-flowing portfolio!

We buy a handful of single-family properties in this area every year, most recently for between $150,000 and $160,000.

I can’t speak for other cities, but I have a handful of investor clients from NYC looking and buying over here in Rochester! 

.* Low Hands-on operation: We prefer minimal hands-on engagement.

I believe the hard credit pull is when they want to have everything before hand in order to give you a more solid pre approval or the lender cares more about their approval to close ratio.

My goal is to help property owners navigate management challenges while ensuring their investments are well taken care of.I’d love to hear from experienced investors about what’s working in the Charleston market and share insights as I gain more hands-on experience.