@Emmanuel RugambaChicago is a great market for house hacking because of its affordable 2-4 unit properties, strong tenant demand, and diverse neighborhoods.

When a lot of tenants are involved, you want to provide as many options as possible.

I love that your son is so involved in your goals.

For example when someone wants to have financial freedom and spend more time with family, but then sets a goal by creating a heavy active income stream that involves their personal involvement daily.

Ideally, you want to look for markets with a growing economy, diverse industries, and growing population that indicates strong rental demand.

The BRRRR strategy is doable for a newer investor, but it requires a lot of effort, consistency, and hands-on involvement—it's not exactly a passive way to invest.Whichever route you choose, if you're taking on the bulk of the work to analyze deals and select the best ones, it’s important to ensure your partnership reflects the time and energy you’re putting in.

You could look into house hacking a small multifamily property or partnering with other investors on a deal to learn while being involved.

Something to watch if you are mindful of the government being over-involved in nearly every single LLC registration.

Their only involvement will be funding the project. 

Hello,I am recently get involved with a fix and flip (my first one).