Underpriced, underperforming, value add, 20 units, cash flow potential, low risk How did you find this deal and how did you negotiate it?

Delays only create bigger problems.3.Start simple—cash flow is king.

Do these generally have good cash flows?

People are constantly trying to help each other and help with referrals, help with Deal flow, recommendations, partnerships, you name it! 

Many groups buy cash flow negative deals and overraise to pay distributions right away. 

I have run numbers for LTRs on a set of duplexes that seem to cash flow well.

Let’s break it down.Self-Managing Your Chicago House HackPros of Self-Managing✅ More Cash Flow – Property managers typically charge 8-12% of monthly rent.

Buy and holds is the key to true wealth with all the benefits of depreciation, appreciation, loan pay down by your tenants, leveraging the equity, cash-flow etc etc, but it often times isn't the active income that pays the bills until you build up a portfolio and even then there's the tenant management or managing your property managers.That's why I'm involved in all 3.

I am glad you highlighted the management piece as this is a crucial part of buying in another market.Excited that you are stabilized and are generating cash flow on that deal. 

It is going to be near impossible to cash flow on a property with 100% financing, especially if that partners rates are above conventional rates.