@Lindsey Matejak we manage a lot of apartments in Berwyn and Cicero where the 2023 flooding happened.

From there you can start to identify what you are looking for.Where do you land on the follow spectrums:Cash flow and AppreciationLong term or Short term needs (waiting for growth vs get out of my W2 now)Long term rentals, Mid term rentals, Short term rentalsBuying close to home or coast to coastSelf manage or hire a PMIf you can narrow in on those, you essentially have your buy box. 

If you're a relatively new multifamily operator, you'll likely be required to hire a professional management company (inexperienced owners are typically not allowed to self manage the assets).

I wear a few hats as a realtor, property manager, STR host and project manager so if you'd like to chat about any or all of those services, I'd be glad to schedule a call!

For over a decade, I’ve focused on multifamily acquisitions and asset management with firms ranging from small boutique offices to large syndicators.

I generally work with home owners looking for long term management, but I do work with a local broker with access to off-market deals, and he sees a lot of activity in the area.

You can structure it as an LLC or joint venture, which offers clearer tax and liability benefits.Your son doesn’t need to be on the loan or title if he's a silent partner, and you can manage the mortgage, credit, and insurance.

For example, one $27/hr FT property manager of mine can manage 140 leases.

Hello All,We own a piece of commercial land and plan to build a medical/retail building approx 6000 sq ft. for lease.After the land is graded and all utilities in place including the storm water management, what could be the  approximate cost to build a vanilla shell (dry wall + hvac included) for a modern medical/retail building like this one.Also who can provide funding for this, land is paid off.

I'm a managing partner at a company that can assist with this.