.: @Natalia Perlova1) You should have a lockbox somewhere on the property with keys to every unit so if you give notice a vendor is coming and the tenant isn't there for some reason the vendor can get access.2) A plain light switch for something important isn't a good idea for the common area.

And of course I am very good at what I do providing the money to make this happen for them the key though is there is no debt I provide cash we own it outright and I  have a JV with my clients that do the work of finding these and dispostioning them and dispo is done simply on the MLS very simple. 

And proximity to hospitals is key, within 15 minutes is what I seek.When I was trying to determine demand for our area, I selected about 20 listings near the location I was focused on, and tracked them for several months.

If it's way out of whack with the market average, dig deeper.Debt Service Coverage Ratio: Key for nderstanding if the property's cash flow will cover financing comfortably.Historical Vacancy Trends: Especially in areas like Chicago, where local job markets fluctuate, knowing vacancy trends can help you anticipate rough patches.Rent Growth vs.

The key is to have clarity on what each offer and then decide what’s best for you.

We only had 1087 homes sold in Nov. 2023.

That remodel is going to take both time and capital, so it’s a key part of my plans as well.Would love to hear how others are approaching similar goals—anyone else tapping into equity or gearing up for larger projects?

From experience, proper planning, strong insurance coverage, and networking with experienced investors are key to making the most of an LLC for your investments.Good luck!

What is your risk tolerance, and are you ok with properties that need work, or do you want turn key?

I think if you're in it for the money, location in a decent sized metro with a lot of transient work force would be key.