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

I get the whole 'dont fall so far behind market value' narrative but this is a long term play for me to gradually trade less of my time for w2 income if you will.

And the one time we did get sued by a tenant the LLC never  came into play (slip and fall on ice that the tenant won a nice settlement on from our insurance company, insurance company handled it all). 

It'll be interesting to see how this plays out.

If you play your cards right, you can have the permit submission package ready for submission the week after Closing.

Having good schools played huge part in the properties we purchased.  

Factors like real estate trends, property taxes, and competition also play a role.

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...

Maybe play dumb a little "I don't know if I'm in the right place..."

Go learn how to be nicer or go play in traffic!