Prices are still relatively low compared to many other metros, and rental demand remains strong.I built my portfolio to 12 doors there while living in Detroit (now back in California) and have seen firsthand how the right strategy can still work.

Chicago has such a great investing community compared to most places in the US I have visited!

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

so every step is tougher.2. you don't really compare the interest rate when purchased and the interest rate when refinancing - that is apples and oranges. 

Raleigh/Cary is definitely competitive..it's a booming market, but your $30K in cash gives you some solid options, especially for a BRRRR strategy.If you're looking for slightly lower-cost entry points, here are a few markets to consider:Greensboro, NC: Staying within your home state, Greensboro offers a more affordable market compared to Raleigh.

It probably won't come close to $150K.Run the numbers if you put the profits into a savings account paying 5% interest and see how that compares

The 2nd person really liked the house and even mentioned how nice the rehab was, relative to comparables they have seen.

I have one I have drafted up but would love to compare against others.What are some items you always included in your MTR rental agreements?

The smaller new builds still go for a pretty penny in my area and it's not affordable compared to what else is out there.

The current use of the property as a two-family dwelling significantly impacts its value and marketability, which is distinct from single-family homes.The initial appraisal comparing your property to single-family homes is likely an oversight, as multifamily properties are evaluated differently due to factors like rental income potential and investor interest.