Why will likely determine how because if you are looking for cashflow vs. appreciation vs. quick capitalHow could it be househacking, brrrr, flip, long term -> You mentioned BRRRR, which is an awesome strategy but will only work in specific sectors of Chicagoland. finding the perfect brrrr in the current environment is extremely tough!

I am just out to keep people from thinking that they are sneaking around a tax provision when it is perfectly legal and working as designed.

Simply scroll to the bottom and you can actually interact with clients like @Bill B. who have direct experience working with that QI.If you have a comfort level working with someone local that is perfectly fine. 

I would use cleaning services but it's my understanding I could use more than one company over the course of the year to limit how many hours one company spends on it.I'm looking into a utilitarian STR more for business travelers, so this won't be one where everything is perfect, it's bound to accumulate wear and tear I think.The STR would be out of state, but I plan to travel there for probably two weeks a year where I would perform many repairs myself.

House hacking is a smart first step—perfect for reducing costs and building cash flow from the start.I'm based in Oklahoma, so I can share a few insights on why it’s a strong market.

This is the perfect place to connect with like-minded people, gain insights, and grow in your real estate journey.

The Elgin area is the perfect place to start your journey, it's a very successful starter area for investors. 

All of this needs to align with a motivated seller's ideal image of their perfect cash buyer.Let me explain:When you do a Google search, let’s say for a contractor, you already know what you're looking for, correct?

If the tenant pushes back I'd feel comfortable with a $20-40 increase.Not a perfect system but its how we think about it. 

I’d also advise being cautious with turnkey listings that look overly perfect—they often come with a higher price tag and might not deliver the promised returns.Also, I’d encourage you to really assess property management options.