It's a very desirable area, and it's a good property, but I think a few quality of life things are holding it back.

Note: These are suburban buildings but in highly desirable towns with close proximity to downtown Chicago.

If a place is affordable now and desirable to live in it won't be affordable for long!

As for strong rental potential, the more desirable the neighborhood the stronger the rental demand will be.

Cheaper mortgage rates can lead to increased homeownership, potentially reducing demand for rentals and making it challenging for rental property owners to fill vacancies or achieve desired rental rates.

You have to have a great space in a desirable location with great amenities and design and showcase all of that with professional photos.

The question is how you plan to handle the loan after this period.With the lower rate (6.375%), your interest-only payments will be more affordable, and you'll still have the flexibility to pay more toward the principal if desired.4.

I desire to build multi-family units on rural property that I own.  

Because when considering the complexity of transferring funds between LLCs and the desire to streamline real estate operations, establishing a holding company maybe in my primary state of our holdings seems right?

We will always have desirable locations that have more demand than supply and the excess supply will go somewhere.