While this is the most expensive option, it minimizes the risk of costly mistakes and ensures you’re getting tailored advice.If you’re confident in handling the process, the DIY approach can save you money.

I'm particularly passionate about BRRR, Mid term rentals, Money lending.Outside of real estate, I enjoy nature, travel, healthy cooking.Excited to learn and connect with you all! 

Outside of real estate, I enjoy my kids, travel, exercise, wellness and I am also a former Financial Planner turned Mortgage Lender. 

With platforms like Airbnb or Hipcamp, you can attract travelers looking for unique stays.

For example:Task             Estimate        % Certainty        Low        HighDemo              $5,000           90%                    $4,500    $5,500Construction   $10,000          80%                    $8,000    $12,000Plumbing         $8,000           75%                    $6,000    $10,000Finish Work    $10,000           90%                    $9,000    $11,000------------------------------------------------------------------------------TOTAL             $33,000                                    $27,500  $38,500So, if the estimate of $33k looks good and the high estimate of $38,500 is still "ok", I feel confident because its unlikely that EVERY item will be that far off.

It will depend on what your goals are, but if you'd like to scale fast, you could leverage the $100k cash to buy 2 or 3 duplexes in lower priced markets that have higher rent/price ratios.You could use these properties to learn the ins-outs of OOS investing and use these to build your network and confidence in the market.

Once you're ready for the next purchase, you will have experience, systems, and the confidence to tackle a bigger project like a BRRRR.

But hey, once you embrace these principles, you'll be striding confidently toward a future full of prosperity through real estate investment."

Even though the distance would be a lot farther to travel than initially investing in another Chicago neighborhood, I know the tenant laws are a lot more relaxed out in the suburbs, the average price of property is much lower, and it just feels like a smoother entry point than a large city in general.I'm very interested in multi-family properties to begin my real estate journey and have worked on putting a team together, so I am getting closer to actually acting, not just observing.

If you're confident in your comps, it may be worth discussing with the appraiser or lender to see if there's room to provide additional context or request a review.